Middle market issuance this year for second liens is skewed to higher growth industries, with technology leading the way. Source: Thomson Reuters LPC… Subscribe to Read MoreAlready a member? Log in here...

While some metrics of highly leveraged loans for new buyouts are approaching 2007 levels, by other measures, the market is at more reasonable levels…. Subscribe to Read MoreAlready a member? Log in here...

Stall Speed   Issuing spreads for leveraged loans have firmed, causing a slowdown in dividend recaps and repricings for the third quarter. M&A-related volume is off 20% over last year…. Subscribe to Read MoreAlready a member? Log in here...

Libor Day  Pent-up demand post-Labor Day drove high-yield volume to its best week since early June. Year-to-date issuance is $208.8 billion – squeaking by last year’s $206.1 billion.                … Subscribe to Read MoreAlready a member? Log in here...

Uncle Bucks Whatever the investing climate is for the balance of the year, 2014 will see the best fundraising for PE sponsors since 2008.                 Source: Thomson Reuters Buyouts… Subscribe to Read MoreAlready a member? Log in here...

Buyout Buckets Middle market LBOs typically outnumber their large cap counterparts, but that pattern has reversed, and midcap activity remains off 2012 levels…. Subscribe to Read MoreAlready a member? Log in here...

Got Covenants? Over half of all outstanding leveraged loans have no maintenance covenants, affording significant protection to those issuers in a downturn. Source: S&P Capital IQ LCD… Subscribe to Read MoreAlready a member? Log in here...

Rhymes, Not Repeats While growing over the past four years, the share of post-crisis buyouts with hyper-leverage and weak coverage metrics pales in comparison with the heady pre-crisis days…. Subscribe to Read MoreAlready a member? Log in here...

Not For Sale  Leveraged buyout activity since the credit crisis has been muted, though 2014 volume could be best since 2006…. Subscribe to Read MoreAlready a member? Log in here...