The use of unitranche loans, commonly used to fund private equity-backed acquisitions, management-led buyouts and corporate refinancings, is on the rise. The Deloitte Alternative Lender Deal Tracker published at the end of last year highlighted that there were 233 alternative lender or unitranche transactions in the 12 months ending Q3 2015, which was an increase on 202 transactions in the preceding 12 months and 109 transactions in the year before that. But why is the unitranche market share growing and how is the unitranche product evolving?

Download the .PDF below to read more.