ECA direct lending: Why is it so appealing?

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

Jack Colyer

Researcher

With bank liquidity increasingly allocated to fewer but larger big-ticket deals, impending regulation and a record low commercial interest reference rate (CIRR) on offer, many buyers are looking to ECA direct lending to tap cheap debt. But what makes direct lending so attractive, and how prevalent is it?

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