Finance Partner Discusses Loan Market in M&A Magazine
Finance partner Steven Rutkovsky (New York) is quoted in a May 19 M&A Magazine article titled “Lenders Loosen Up,” discussing recent trends in the loan market. Commenting on the Fed’s leveraged lending guidelines, Mr. Rutkovsky notes, "Regulators seem to be stepping up their enforcement of those guidelines and ratcheting up the pressure on banks to be more cautious in underwriting covenant-lite loans."