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Hadrien Servais Quoted in Bloomberg on Covenant Lite Trends in the Private Credit Market
Head of the European Private Credit team, Hadrien Servais, was quoted in a Bloomberg article examining the increasing use of covenant‑lite structures in the $1.7 trillion private credit market. The piece highlights how competitive dealmaking and strong borrower demand are contributing to shifts in deal structures. Reflecting on the current environment, Hadrien noted that “top‑quality borrowers will command looser terms and/or lower pricing,” a trend that is gradually blurring the lines between private credit and the syndicated loan market.
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