Primary Market Activity Cools Following Active January Click here to access Bloomberg’s US Leveraged Finance Chartbook After a robust start to the year that saw $168.2b in US leveraged loan launches during January, primary market activity has slowed considerably. Through Wednesday, February 18, just $25.9b of new deals have launched – marking the lowest level…
Technology PE deal activity Download PitchBook’s Report here. Technology PE deal activity experienced an outsized year, with deal value higher by 67.4% YoY even though deal count rose by a relatively more modest 13.4%…. Subscribe to Read MoreAlready a member? Log in here...
KBRA DLD Default Indices(TTM 2/17/26) (Past performance is no guarantee of future results.) Contact: Eric Rosenthaleric.rosenthal@kbra.com
Source: SPP Capital Partners Contact: Stefan Shaffersshaffer@sppcapital.com
The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 12.3% as of 12 February, versus its five-year peak of 12.8% on 8 April 2025) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses that tend…
Launched Volume Source: LevFin Insights New-issue Yields Source: LevFin Insights Weekly Fund Flows Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenbergrobert.polenberg@levfininsights.com
Percentage of Loans with F&C Tranche Growers (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com
Issuers in the Information Technology (23%) and Consumer Discretionary (22%) Sectors Topped BDC Non-Accruals as of Q3’25 Click here to request access to the full report. Business development companies, like much of the market, have been focusing on their exposure to software…. Subscribe to Read MoreAlready a member? Log in here...
U.S. Private Credit and Middle Market Performance Monitor: 4Q25 Click here to learn more. Fitch’s Privately Monitored Ratings (PMR) Portfolio – 4Q25 In the charts above, Fitch presents aggregate data for issuers in its PMR portfolio. Fitch privately rates these issuers on behalf of asset managers…. Subscribe to Read MoreAlready a member? Log in here...
BDC share price to NAV moves lower amid expected lower base rates and software sector exposure BDC valuations have moved lower recently amid some concerns around credit quality, specifically in the software sector, in which many BDCs have sizeable stakes…. Subscribe to Read MoreAlready a member? Log in here...