
Unitranche Debt - Hybrid Loan with Senior and Subordinated Debt
What is Unitranche Debt? Unitranche debt is a hybrid loan structure, combining both senior and subordinated debt in a single loan. The borrower of Unitranche debt pays a blended interest rate, …
Unitranche clarification - Wall Street Oasis
Jan 31, 2023 · Hey there, I am here to ask a clarification about unitranche debt, and why it is gaining so much success over "bank loans" in LBO financing: 1) Is it really cheaper? From my
Bifurcated unitranche vs 1L/2L - Wall Street Oasis
Nov 30, 2020 · From my understanding, unitranche loans will be more convenient for the issuer. For the banks and bond investors who are making the loans, is the 1L/2L vs. unitranche structure
Clarifying Unitranche terminology in Direct Lending / Private Credit ...
Apr 12, 2024 · The alternative to a "unitranche" loan is to have a capital structure with many "tranches" of debt, from senior secured to subordinated. Having many tranches of debt can at times be …
Private Debt Analyst Modeling Test Question | Wall Street Oasis
Jul 19, 2022 · The main question is how to "price the unitranche". From what I've seen, unitranche debt is simply priced as some reference benchmark such as LIBOR + floating rate of maybe 6-8% …
What are the key modelling differences between unitranche and senior ...
May 3, 2018 · I was looking to get more insight into the key differences between these two structures and how to best reflected these differences in the model.
1L/2L vs Unitranche - Wall Street Oasis
Dec 28, 2020 · Gents have you come across transactions where a borrower evaluates the option of either 1l/2l Loans or a Unitranche facility? what are the pros / cons when deciding which solution to …
How do companies decide to pursue broadly ... - Wall Street Oasis
Sep 26, 2024 · Based on the most helpful WSO content, here are the key factors that influence a company's decision to pursue broadly syndicated loans (BSL) versus private credit: Factors …
Unitranche pricing - Wall Street Oasis
Jul 17, 2023 · 1) How are unitranche priced? Most simplistic guides say they have a blended rate of a junior and senior tranche, but I would like to go more into detail. Also, what kind of margin (in terms …
Unitranche Question - Wall Street Oasis
Dec 4, 2023 · So, there are lots of pros and cons of unitranche loans with pricing, flexibility, simpler administrative/legal, etc. However, is there a capital structure that would make a