Lenders See No Pricing Delta Between $50M and $250M EBITDA Borrowers
Kipp deVeer · Kipp deVeer – The World of Private Credit at Ares (EP.329) · Jul 24, 2023 · at 45:10
Kipp deVeer, Head of Ares Credit Group, explains how competitive dynamics in direct lending equalize loan terms across mid-sized and large borrowers.
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“We actually don't see any delta in pricing or terms for the most part between a fifty million EBITDA company and a two hundred and fifty million dollar EBITDA company. Leverage levels are about the same. Pricing's about the same.”
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