Debtwire

Debtwire Middle-Market – 1/8/2024

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 8 January, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall…

Debtwire Middle-Market – 12/11/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 11 December, down from the highest YTD level of 12.1% in May) that tracks the overall performance of publicly traded business…

Debtwire Middle-Market – 12/4/2023

Exposed companies in the US real-estate market Restructuring activity in the real-estate market picked up in 3Q23, with 11 companies filing for Chapter 11 bankruptcy protection, representing USD 1.55bn of outstanding debt…. Login to Read More...

Debtwire Middle-Market – 11/27/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7%, decline from the highest YTD level of 12.1% in May)… Login to Read More...

Debtwire Middle-Market – 11/13/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.9%) that tracks the overall performance of publicly… Login to Read More...

Debtwire Middle-Market – 10/30/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.5%) that tracks the overall performance of publicly traded business development companies (BDCs, lenders to privately held middle-market businesses that tend to be below investment…

Debtwire Middle-Market – 10/23/2023

Repricings tick upward in opportune window An upturn in repricing transactions has been seen in the leveraged loan market over the past two months, as tightening margins have afforded issuers the ability to refresh existing deals at lower interest rates. The reasons behind the rise in repricing as a means of replacing existing debt could…

Debtwire Middle-Market – 10/16/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11%) that tracks the overall performance of publicly traded business development companies (BDCs, lenders to privately held middle-market businesses that tend to be below…

Debtwire Middle-Market – 10/2/2023

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.2%) that tracks the overall performance of publicly traded business development companies (BDCs, lenders to privately held middle-market businesses that tend to be…