Private Debt Terms Back to Pre-Covid Levels: Neuberger's Kasser

The video discusses the sources of lending, highlighting the role of public markets, leveraged loans, and high yield bonds. It explores the trends in refinancing and the competitive landscape, noting that while competition remains fierce, it is not significantly different from previous years. The video also examines how competitive dynamics have shifted, with private lenders and equity firms reassessing their relationships and strategies.

What factors are contributing to the increased supply in public markets, leveraged loans, and high yield bonds?

In what ways have companies' access to public markets influenced their refinancing strategies?

How has the competitive landscape changed for private lenders in recent years?

What implications does the testing of the asset class have for private lenders and equity funds?

What role do private equity firms play in the dynamics of private lending?