Chart of the Week: Tranche Launch Published by TheLeadLeft on September 19, 2018 Leave a response New issue first and second lien spreads are on the rise, though the differential is shrinking. Source: LCD, an offering of S&P Global Market Intelligence You may also likePrivate Debt Intelligence – 5/11/2020Private Debt Intelligence – 7/20/2020Loan Stats at a Glance – 7/1/2019Preqin Private Debt Intelligence – 6/6/2016Loan Stats at a Glance – 10/14/2019