I-Banks Step Up Asset-Based Lending

Kantin, Keny
April 2006
Investment Dealers' Digest;4/10/2006, Vol. 72 Issue 14, p13
Trade Publication
The article reports on the attention gained by asset-based lending (ABL) market from large companies, which is used to be reserved mainly for smaller companies with cyclical cash flows. Multibillion-dollar corporations and financial sponsors looking for cheaper forms of financing with less restrictive covenants are attracted to the ABL market, due to its bigger deals and alternative investor interest.


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