Markit Recap – 7/7/2014
Credit spreads remain close to their recent tight levels, but the onset of earnings season could trigger a shift in sentiment…. Subscribe to Read MoreAlready a member? Log in here...
Credit spreads remain close to their recent tight levels, but the onset of earnings season could trigger a shift in sentiment…. Subscribe to Read MoreAlready a member? Log in here...
We have been pointing out the growing increase in Add-on activity for years, but it only continues to go up to new levels – so we will keep talking about it. In the first half of this year… Subscribe to Read MoreAlready a member? Log in here...
At $244 billion, 2Q14 leveraged loan issuance was down 14 percent from 1Q14 levels and a much higher 31 percent year-over-year. And for 1H14, leveraged lending of $527 billion… Subscribe to Read MoreAlready a member? Log in here...
High-yield bond issuance in Europe has outpaced leveraged loan issuance so far in 2014, inverting a trend that has stood firm in Europe for decades. High-yield bond issuance in Europe has hit $131.8 billion… Subscribe to Read MoreAlready a member? Log in here...
With a total of 483 U.S. deals being completed in the second quarter, private equity deal activity notched a decline of 35% from the first quarter. The decline in 2Q deal flow is likely the result of high purchase price multiples… Subscribe to Read MoreAlready a member? Log in here...
The World Cup group stages have been finalised yesterday with many surprise exits, and it appears South American nations will be dominating the second stage of the world’s largest sports event…. Subscribe to Read MoreAlready a member? Log in here...
At nearly $240 billion, 1H14 sponsored loan volume to date is on a steady upward trajectory, with a 21percent increase over 2H13 issuance (although still shy of 1H13 totals of $335 billion) with almost two weeks left in the quarter. … Subscribe to Read MoreAlready a member? Log in here...
We remarked last week that, while Argentina is among the favourites to lift the World Cup, it is the outstanding favourite to be the next sovereign to default. Events since have strengthened that assertion – the football team has made an impressive start, and the country’s CDS spreads have widened sharply…. Subscribe to Read MoreAlready
Over the last several years the biggest opportunity for PE firms was in solid companies that were struggling with generating growth and then to use their operation expertise to fix it up in order to… Subscribe to Read MoreAlready a member? Log in here...
No Curve in the Path Anytime Soon Once each quarter we pause to pull together survey and transaction data to try and understand where the private equity deal market is at in terms of pricing, multiples, leverage and fees…. Subscribe to Read MoreAlready a member? Log in here...