In an interview with Alternative Credit Investor, London Private Credit partner Kumar Tewari discussed how private credit loans are increasing in size, with some lenders offering "megatranche" facilities in competition with traditional banks.
Kumar said he's been surprised by the size of some transactions, noting they are definitely getting larger. "Where traditional lenders have perhaps struggled to get the right terms on pricing and leverage, we've seen all-in-one solutions from private credit lenders," he said. "Some of these deal sizes are really quite large." Kumar added that he thinks that trend will continue to be a relatively consistent feature going forward.
"'Megatranche' private credit loans on the rise," Alternative Credit Investor, December 11, 2023
London
