Middle Market Debt Weekly: Inflation Cool-Down Beats Back a Mid-Week Rate-Hike Scare
Asset-based and secured lending again set the week’s tone, told through where mandates moved and how paper repriced rather than through headline deal volume. Resources Connection replaced a Bank of America line with a new PNC-agented, borrowing-base asset-based revolver of up to $30 million, terminating its prior agreement on July 13 and...
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