Private Credit vs. Pro Rata: A Market Reset with Huntington

LFI Levered Lines Podcast | Season 3, Episode 16

This week on Levered Lines, host Steve Miller is joined by Chris Wood to discuss the evolving leveraged finance landscape, Huntington Bank’s growth strategy, and key trends shaping private equity and capital markets. They explore activity in the pro rata lending market, the challenges facing M&A, the changing role of direct lenders, and how banks are adapting to shifting market conditions.
The conversation also examines how AI is transforming investment banking, improving productivity, and changing the skills needed for future finance professionals. Packed with practical market insights and forward-looking perspectives, this episode offers valuable takeaways for investors, lenders, and leveraged finance participants.

Watch on YouTube:

Speakers:

Steve Miller, Host, Managing Director, CreditSights
Chris Wood, Executive Managing Director, Huntington National Bank

Timestamps:

00:00 Building Capital Markets at Huntington
05:06 Market Trends and M&A Outlook
08:44 Founder-Owned Businesses
10:25 The Pro Rata Market
15:17 Building and Scaling a Business
19:08 AI in Investment Banking
24:37 Career Advice for Young Bankers
27:01 Lessons from Board Service