Top Bulge Bracket RX groups
I understand this isn’t their forte but would like to hear any thoughts on what is considered the top RX groups among the BBs.
I understand this isn’t their forte but would like to hear any thoughts on what is considered the top RX groups among the BBs.
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Purely a guess, but I would assume it’s almost if not entirely identical to their LevFin strength given that it’s an extension of that group more or less
"RX" groups at BBs = restructuring finance within LevFin. They cannot be advisors.
While that might sound cool, diligence is light given the super senior and asset-secured nature of DIP financing (which is what you will be focused on).
Not always. There are certain cases where BBs can act as advisors. Certainly not the norm though
FTP has probably the best rx group on the street currently. It’s an EB, not a little BB tho
have seen GS London work on refinance/RX deals here and there, most recently on Matalan
None in the traditional sense. Lending is much more profitable than RX advisory, and doing both creates a conflict of interest.
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