US LevFin Wrap — Tricor-Vistra dives in despite banking drama, PGS breaks HY pause
- William Hoffman
- +Sasha Padbidri
- + 1 more
There is no end to the think pieces, reporting and analysis this week on the mini (for now, at least) banking crisis we find ourselves in. We have a few takes of our own, including a discussion in this week’s Cloud 9fin podcast).
While the details of the collapse of Silicon Valley Bank, the propping up of First Republic Bank and the issues at Credit Suisse are fascinating, we’re most concerned with its impact on leveraged finance, where market participants are tackling all kinds of challenges.