ABL Spreads Hit Highs

10 Jul 2008

Average pricing on asset-based loans is touching new highs of LIBOR plus 2 3/4­3%, a 175-200 basis point rise that is surprising some observers.

Average pricing on asset-based loans is touching new highs of LIBOR plus 2 3/4­3%, a 175-200 basis point rise that is surprising some observers. Pricing increases during a credit crunch are expected. But the pricing jump on ABL deals, typically considered to be of the less risky variety, ...

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