Unitranche: yield-hunters or co-operative corporate lenders?

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Unitranche: yield-hunters or co-operative corporate lenders?

Truly a product of the post-crisis landscape, unitranche loans have grown in the shadows of the leveraged finance industry since 2007. But the product is being used for larger transactions and for higher profile borrowers. Ross Lancaster asks whether unitranche has become a mainstream financing product, with staying power.

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