Does private debt tend to win over banks in rising interest rates environment? Will it compensate the overall decline in borrowing for private debt?

like
Posting as :
works at
You are currently posting as works at

Private debt would have to be close to bank rates dor similar loan amount to be competitive. The main advantage I think of private debt is more flexibility with terms. Maybe not pulling of someone credit. What type of private debt are you referring to?

like

If a company is already bankable then PD won't be competitive. PD is in place bc the company can't get a bank to underwrite or their terms/covenants are too arduous

like

Another thing to consider is how the margin pressures and inability to increase prices for some companies might lead to debt spiral.

As far as I know private debt targets smaller and/or riskier clients. And the difference is that PD can take more risk and when competing with banks even show lower rates since it essentially has no funding and regulatory issues compared to banks

I am referring to PD in general including both direct lending and mezzanine

Related Posts

Need some advice on renting here in ATX.

Back in May 2021, I rented a property that had sustained damage during the big snow storm. This wasn't disclosed at lease signing. The home leaked every time it rained, mold was found in the home & the LL failed to make repairs that resulted in me falling down a flight of stairs. I moved out& rented an apt for 2 mos before signing a lease on the house I live in now. This house has a serious big problem& I've found mold here too. Continued below

like

Recently received notice from landlord rent is going up ~20%. For reference, it is privately owned condo and did not sign at a COVID discounted rate. Super frustrated. What are others seeing for rent increases?

like

Best website or realtor o company or way to find and buy a condo in NYC(Queens, Bronx or Manhattan), 2-3 bedroom.

like

Hi everyone! Looking for some advice on my side hustle. I’m running an e-commerce store selling primarily home decor, and I wanted to get some honest feedback & suggestions on the site to see what I can improve for better conversions. I’ll leave the link in a comment for anyone who would like to take a look.

like

What apps do you use to purchase coins such as XRP

I am sick of being a realtor! I've been trying for 5 years and have only sold 3 houses. Where I'm from (small Southern town) nobody is buying. Most people's families already own homes and it's just a bummer to see all these nice houses deteriorating over time.

like

Looking to transition to a new career, possibly to SWE. I have a physical science background with some student loan debt. Before I dive into more student loans, I wanted to check out some Software Engineering boot camps....

Any recommendations? What's your personal experience? Are they worth paying, or is college the way?

likeupliftinghelpful

MSFT? Call/put. Play on earnings?

like

What are you doing for a retirement plan as an independent consultant? Solo 401K, SEP IRA, etc.? Any recommendations on where to open an account?

like

Hi Fishes, I have one question for you.

What are avg 2 sharing PG rents in Bengaluru?

like

Need suggestion:
I have offer from Morgan Stanley Budapest. They offered me 1.1 Million HUF Per month. I need advise weather this opportunity is good and how much can I save there. Also want to know whether it is advisable to move to Budapest.

Current CTC is 20LPA in India

Thanks!

Any guesses/predictions on when this housing market gridlock ending? Reasonable prices and reasonable mortgage rates? Umm like a 2017 or a 2018?

Will someone please explain to my dumbass how like-kind exchanges for crypto to crypto capital gains under the 2018 tax code works? For example:

like

How do you invest and save for your children? I’m thinking about setting them up with custodial brokerage accounts but don’t want them to have a heyday at 18. Did you create irrevocable trusts or?? They are too young for earned income and I don’t own a business so no IRA investing opportunities here.

like

What other cards to add to my collection? I have AmEx Platinum and Chase Sapphire Reserve. Fly Delta so AmEx is handy for lounges. Use Sapphire for dining/travel. Should I add Chase Freedom Unlimited?

like

Have 6 months of emergency savings, really tempted to cut it down to 3 and move the rest into market (index funds / ETFs). Have you had this temptation? How have you handled it?

like

Is draft kings a stock to hold long term? Enter today? Thinking of 5k

like

Any home buyer around? Are you still making offers above the listing price and getting out-bid?

I just got out-bid with about 8 offers ahead of mine 🫣

What is the difference in subscription to notified and subscription to approved mutual funds?

like

Can one do an sip or increase amount in coffee can portfolio gradually instead of a lumpsum investment?

like

More Posts

Who else trains legs on Monday ?

like

Need 11 likes to start DM

like

Can y’all please consolidate all of your Partner Track comments into one thread? 🙏

likefunny

Hi fishes,

Can anyone refer me for a role in the bank of america chennai location. Job id: 22093697
YOE: 2

like

Anyone with a Bajaj Allianz policy? I had one 10 years ago that is maturing this month and want to figure out how I can ensure it gets transferred to my account. It is so hard to use their website or do anything with it, to get access to a help desk!

likehelpful

Hi fishes when this onboarding document gets approved by onboarding team my doj is next week and when we get link for onboarding in hcl

Post Photo
like

I have 5+ years of experience and having 3 offers

1. Infosys -9.5 lpa
2. Wipro - 12.0 lpa
3. Mphasis -13.0 lpa

If I consider salary as secondry criteria ,Which one I should choose so that I wouldn't regret later. Please suggest ?

like
likehelpful

Happy Dussehra. Just like Lord Ram destroyed Raavan, Biden will beat Trump and give us all an early Diwali gift 😜

Post Photo
likefunnysmartuplifting

Does Briggs and Riley go on sale? Camelcamelcamel shows that the $600 ones usually cost significantly less

Does PWC US division have good data engineering projects, which Includes Cloud services? I have an offer for a spark developer, but I think it's with the on-premise cluster. I would like to have an opportunity to work with cloud services.

HR says they will provide opportunity to work with cloud services, But during my technical discussion they confirmed that its for on primise clusters.

like

Got rejected from one of my desired tech companies, it's agitating but at least they didn't ghost me.

like

Friends - I have created this bowl to discuss US immigration issues, policies and strategies. Post your specific question related to US immigration and get it answered on this bowl. Request you to keep the discussion civil and professional. We are consultants and are here to help each other out.

#Immigration

like

How long will it take for USCIS to issue a receipt notice for petitions filed under premium processing? FedEx delivered the petition on Wednesday.

Random question, my boss wants me to become a notary so I can handle notarizing all of the official documents myself. Has anyone else been asked to do this for their employer? Is it ethical?

like

Stupid me thought Accenture is different. Like any other consulting firm, some MDs literally gave away their soul to the devil once you got promoted.

likehelpfulfunny

How much do VPs make at your firm by department ?

like

Best books on entrepreneurship? Trying to find a good birthday gift for a friend thinking of starting his own company and exploring business ideas

like

Buying vs. renting...?

like

Does anyone else here work at a hotel front desk? How long did it take to get a promotion?

like

Additional Posts in Finance

Who is more annoying Cross Fitters or vegans?

like

Things you wish you would've known before working for your firm:

like

What is comp like at a pension fund?

like

Trap, trap money Jamie
JP got me in my feelings
Gotta close deals wit it

like

First manager role, high pressure to deliver. Tips to succeed?

like

Gender pay gaps (for full-time earnings) S Korea 36.7% Japan 25.7% Chile 21.1% Canada 18.2% US 18.1% UK 16.8% Germany 15.5% Australia 14.3% Spain 11.5% France 9.9% Italy 5.6% Greece 4.5% OECD

like

Has anyone else turned down a tech job for banking? It was a hard decision but ultimately, I decided that the experience and training I'll get here is second to none. Hope I don't regret this decision

like

Drop your SIDs

like

Revenues are at lowest since 2008, and I think investment banks are being forced to rethink their entire business model

like

How many of you already have life insurance and long term disability with a trusted provider? Is it worth getting?

like

Differing views at firm...do you wipe existing amortization in acc/dil or is your intangible write up in addition to existing? I always believed the latter.

like

How often do you actually make it to the gym in a "normal" week?

like

First year analyst here... my manager often asks me to buy coffee for her and never pays me back. What should I do?

like

If you're a vegan, do crossfit, and own bitcoin... which one of these things do you mention first when you introduce yourself to someone?

like

It’s 2020. Is a small dainty nose ring still perceived as unprofessional in the workplace? I work in the finance industry.

like

Xerox's bid for HP is effectively dead, at least for now.

like

Private equity industry is one of the most powerful and least understood influences on the contemporary American economy.

like

Compared to FRM, CFA is tough because it requires an enormous commitment to complete all three levels

like

If Obama has swagger, what does Trump have?

like

How much discretionary cash do you keep around?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal