“At the end of the day, there are borrowers and lenders. Borrowers don’t care if you call your fund private credit, public credit, investment grade, high yield, junior debt, senior debt, bond king, loan queen, fixed star or floating moon. Borrowers will look to raise the cheapest financing on the most attractive terms.”
– Canso Investment Counsel Ltd.
Read the full newsletter at the link below.
Canso April Corporate Bond Newsletter