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Middle-market loan (Mid-market loan)
A loan issued by a relatively small company. Typically, middle market loans are held to maturity by specialist lenders rather than being distributed to a large group of investors and traded in the secondary market. Middle market loans in the US are conventionally defined as those by companies with $500 million or less in sales and/or ebitda of $50 million or less. Compare with broadly syndicated loan.
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