It’s Now or Never to Refinance Loans, Carlyle’s Basmadjian Says

July 21, 2023, 12:00 PM UTC

Companies should be refinancing more leveraged loans now, because some of the biggest investors will soon be less able to buy, according to Lauren Basmadjian, co-head of liquid credit and head of US loans and structured credit at Carlyle Group.

Basmadjian spoke to Bloomberg’s Carmen Arroyo in a series of interviews that ended on July 19. Comments have been edited and condensed.

Are companies refinancing or extending their maturing loans? There’s a wall of maturities through the end of 2025.

Companies are not dealing with it as quickly as we believe they need to.

Source: Bloomberg

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