In this chapter of the International Comparative Legal Guide - Lending & Secured Finance 2022, Sandra Lee Montgomery and Michelle Iodice highlight notable current events in the private credit market as well as examine certain key financing terms using Proskauer’s proprietary data on the prevalence of such terms within the middle market. The analysis also discusses the related market drivers and trends influencing such terms in light of the continuing evolution of private credit.

Reproduced with permission. Originally published April 2022, "Lending & Secured Finance 2022: Analysis and Update on the Continuing Evolution of Terms in Private Credit Transactions," ICLG.com.