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Posts by Debtwire

M&A/LBO activity dominates institutional loan issuance YTD

By Debtwire | February 27, 2019

Source: Debtwire Par Despite leveraged loan issuance posting a sharp decline year-over-year (YoY), the good news for buysiders is that…

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Secured bonds grab larger share of the market

By Debtwire | February 12, 2019

Source: Debtwire Par Since the high yield bond market reopened in January, issuance has been marked by a sharp jump…

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Debtwire Middle-Market – 2/4/2019

By Debtwire | February 5, 2019

Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart…

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Volume of loans in syndication climbs as market finds footing

By Debtwire | January 30, 2019

Source: Debtwire Par The volume of institutional loans in syndication has climbed in recent weeks as the loan market has…

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Debtwire Middle-Market – 1/21/2019

By Debtwire | January 22, 2019

Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart…

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Leveraged loans rally along with HY bonds and equities

By Debtwire | January 15, 2019

Source: Debtwire Par, Markit, ICE Leveraged loans are off to a good start in 2019, with secondary market prices rallying,…

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Debtwire Middle-Market – 1/7/2019

By Debtwire | January 8, 2019

Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart…

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Dramatic shift in secondary loan market price distribution

By Debtwire | December 19, 2018

Source: Markit, Debtwire Par The secondary loan market has come under pressure in recent weeks amid increased financial market volatility,…

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Large EBITDA addbacks a feature of the leveraged loan market in 2018

By Debtwire | December 5, 2018

Source: Xtract Research The deterioration in loan covenant protections has been well publicized this year, and another area that has…

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Oil & gas names drop on lower oil prices, secondary loan market softens

By Debtwire | November 20, 2018

Source: Debtwire Par, Markit Oil and gas loans have moved lower recently in tandem with the sharp decline in oil…

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