Private Equity Partner Quoted on Credit Facility Revival

International Financial Law Review | September.28.2012

This article, about the potential resurgence in subscription credit facility use brought on by Wells Fargo's acquisition of WestLB, quotes M&A and private equity partner Dolph Hellman.

Hellman said a general market malaise had prompted the decrease in use of these facilities over last couple of years.

"Because funds weren't out raising capital, they didn't need to find subscription lenders to leverage their funds," he said. "As the market for private equity continues to pick up, there will be more occasions for lenders to put subscription credit facilities in place."