Bank loans, high-yield bonds provide boost to levfin origination in May US leveraged finance issuance reached nearly US$127bn in May, up more than 60% from April’s US$78bn pipeline…. Subscribe to Read MoreAlready a member? Log in here...
Loan funds post 4 consecutive weeks of inflows Following the bout of market volatility and accompanying large outflows posted in April, both loan funds and high yield bond funds have turned the corner and posted inflows in recent weeks as investor sentiment improved across asset classes…. Subscribe to Read MoreAlready a member? Log in here...
Daily Analytic: First-lien share of BDC portfolios continues to climb The first-lien share of BDC portfolios continues to edge higher, climbing to 86.4% in 1Q25, up 4 percentage points from a year earlier and 8 percentage points two years ago…. Subscribe to Read MoreAlready a member? Log in here...
US middle market private debt fundraising stands at US$21.3bn so far in 2Q So far this quarter, LSEG LPC has tracked US$21.3bn of US middle market debt fundraising…. Subscribe to Read MoreAlready a member? Log in here...
US$1.4bn of BDC loans were added to non-accrual status in 1Q25 A total of US$1.4bn of BDC loans were added to non-accrual status in 1Q25, up from roughly US$1.2bn in the prior quarter…. Subscribe to Read MoreAlready a member? Log in here...
Proportion of US loans trading north of par edges up modestly following headline volatility In the wake of headline making talk of tariffs – and implicitly fears of a trade war – in April US loan investors pulled back in the secondary causing average bids to come off highs before showing signs of a modest…
Private credit offers issuers some certainty during uncertain times, although comes with a cost No matter which market borrowers opted to tap, financing conditions seemed more than accommodating as we approached the second quarter…. Subscribe to Read MoreAlready a member? Log in here...
BSL lenders support over US$405bn in new lending activity YTD; Several M&A opportunities bypass BSL market US lenders have been tapped for nearly US$406bn in new loan assets so far this year via the broadly syndicated loan market…. Subscribe to Read MoreAlready a member? Log in here...
1Q25 Syndicated ABL volume up 29% year-over-year at US$22bn US lenders syndicated just over US$22bn of asset-based loan issuance in 1Q25, marking a 29% year-over-year increase and remaining flat compared to the prior quarter…. Subscribe to Read MoreAlready a member? Log in here...
US institutional loans pipeline grinds down to US$5.1bn amid tariff whiplash Early in the second quarter, the institutional loan calendar stands at just over US$5bn, the lowest level in 5 years…. Subscribe to Read MoreAlready a member? Log in here...