Direct lending loan-to-value ratios currently average in the mid-forties
Ron Cantowitz · Ron Kantowitz – Direct Lending's Evolution and Invesco's Edge (EP.457) · Jul 17, 2025 · at 16:18
Ron Kantowitz, Head of Private Debt at Invesco, discusses equity cushions and debt sizing in sponsor-backed direct lending transactions.
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“Typically, loaned values today are running in the mid-forties.”
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