Lender protection, as measured by composite documentation scores, continues to weaken.
*Covenant Review’s Documentation Scores express the strength of an instrument’s covenant protections on a numerical scale of 1 (strongest) to 5 (weakest).
Source: Covenant Review
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US leveraged loan issuance stalls in October amid secondary market rout
October 28, 2026
US leveraged loan issuance took a significant hit in October amid deteriorating secondary market conditions. Approximately $41.3b of loans have…
