Opportunities abound: loan repricing hits historical high in 2024 Following a muted couple of years for the leveraged loans primary market, deals that include a repricing component or that are solely focused on repricing have dominated activity since the start of the year, reaching historical highs of almost USD 155bn in value in 1Q24…. Subscribe to

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 10.3% as of 7 June, down from the highest level in last 12 months of 11.7% in October 2023) that tracks the overall performance…

A shift to online purchases contributed to lower sales in physical stores During recent years, the surge in online shopping contributed to the struggles faced by numerous brick-and-mortar retailers. Online purchases spiked to 15.7% of all retail sales during the COVID-19 pandemic, when a lot of retailers had to close their stores. The share of…

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 10.6% as of 23 May, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall…

Shutting up shop: post-pandemic retail sector restructurings continue The COVID-19 pandemic triggered a significant transformation of the US retail landscape, fueling a dramatic shift in consumer behavior…. Subscribe to Read MoreAlready a member? Log in here...

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 10.5% as of 10 May, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Drowning in debt: TMT sector braces for wave of Chapter 11 filings Since 1Q23, the number of bankruptcy applications from TMT firms has been relatively moderate. However, according to Likely-To-Distress (LTD) rankings powered by Debtwire’s NextGen data, there are currently 23 companies in distress and some 57 more in the stressed universe, all facing issues with liquidity,…

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 26 April, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Drowning in debt: TMT sector braces for wave of Chapter 11 filings Signs emerged last week in the US of difficult times ahead, as 10 companies filed for Chapter 11 bankruptcy protection, including four in the technology, media and telecoms (TMT) sector. The activity marked a step up from 1Q24, which saw three Chapter 11 filings by other…

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% as of 11 April, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…