Interest in private debt has been buoyed by the higher-for-longer interest rates, which has also improved the outlook for junior infrastructure debt, explains Evan Nahnsen, head of private debt, infrastructure, QIC, in a report titled, “Exploring the relative value of junior infrastructure debt,” published in the June issue of Institutional Investing in Infrastructure (i3).
“By their nature, infrastructure assets are valuable and defensive businesses, providing mission-critical services to society,” says Nahnsen. “Through private debt instruments, institutional investors can access the advantages of infrastructure assets while benefiting from a debt position’s shorter tenor and favorable position in the capital stack.”
To access a pdf of the report, click here.
