Posts by Debtwire
Share of LBOs levered 7x or more edges higher in 2019
Source: Debtwire Par Lender appetite for LBO loans was strong in 1H19, with leveraged loan issuance backing LBOs amounting to…
Read MoreHigher rated loans lead margin tightening in 2Q19
Source: Debtwire Par Steady demand for loans from CLOs helped push pricing lower in 2Q19, though margins remained well above…
Read MoreAdd-on financings claim larger share of institutional loan market in 2019
Source: Debtwire Par Add-on financings have claimed a larger share of the institutional loan market this year, representing 15% of…
Read MoreM&A/LBO activity dominates institutional loan issuance YTD
Source: Debtwire Par M&A and LBO deals have been the driver of institutional loan volume this year, accounting for two-thirds…
Read MoreShare of cov-lite loans slips in 2019, but remains the market standard
Source: Debtwire Par, Xtract Research After reaching a high in the 80% area in 2017 and 2018, the covenant-lite share…
Read MoreTech firms see the most outstanding leveraged term loans in 2019 YTD
Source: Markit, Debtwire Par Outstanding US leveraged term loans have totaled at USD 1.34tn so far in 2019. Of the…
Read MoreCovenant scores on large sponsored deals show relative improvement YTD
Source: Xtract Research While loan covenant protections remain extremely weak by historical standards, some comfort for lenders is that they…
Read MoreHY bonds post busiest quarter since 4Q17, loan issuance falls sharply in 1Q19
Source: Debtwire Par High yield bonds posted their busiest quarter since 4Q17, as issuance totaled USD 58.1bn in 1Q19. The…
Read MoreLeveraged loan buyers book healthy gains as secondary market shifts higher in 1Q19
Source: Debtwire Par, Markit The latter part of 2018 proved to be an attractive buying opportunity for those willing and…
Read MoreLeverage ticks higher in 1Q19
Source: Debtwire Par Adjusted leverage on new deals has edged higher so far in 1Q19 compared to 4Q18 and 2018…
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