Private Debt & Credit
Unitranche debt: core advantages for mid-market borrowers
The U.S. middle-market unitranche market reached an estimated $210 billion in deal volume in 2024, compared with $94 billion in 2023. The…
Private Debt & Credit
The U.S. middle-market unitranche market reached an estimated $210 billion in deal volume in 2024, compared with $94 billion in 2023. The…
Private Debt & Credit
Mezzanine debt occupies a defined structural slot in the private credit capital stack — junior to senior secured facilities, senior to…