Sessions

Today’s higher interest rates and tightening credit markets have made it significantly more costly and often difficult to borrow money. Many loans today require recourse, and face lower loan-to-value ratios, stricter loan covenants, and higher all-in rates. In addition, the 3 Regional Bank failures are likely to exert greater caution across the Bank market as they experience more regulatory scrutiny. Sponsors are seeing both credit and capacity issues in lending. This panel of lenders will not only detail the current underwriting criteria and financing terms but will also explain the circumstances that have led to current debt market challenges and will speak to the prospective trends into 2024.