Posts by LSEG
LevFin Issuance Slows Across Products in August; DCM Remains a Bright Spot
The leveraged capital markets business continued to decelerate from just about every aspect, even for August standards. Overall issuance (including…
Read MoreBDC AUM Hits Record US$577.8B in 2Q26
Despite growth slowing this year, BDC assets under management (AUM) rose by US$3.4bn in 2Q26 to a record US$577.8bn. By…
Read More3Q26: New loan assets rise to 44% of total lending, a 3-year high
New loan assets as a proportion of total US loan volume make up 44% of the 3Q26 pipeline to date,…
Read MoreBDC redemption requests remain elevated but show some signs of stabilization*
Looking at the 12 largest BDCs that offer investors the ability to redeem shares on a quarterly basis, redemption requests…
Read MoreMore than 70% of public BDCs now trade below 0.80x NAV
BDC valuations remain under pressure as investors have become more selective toward private credit this year. Concerns over AI-related risks…
Read MoreSponsored MM leverage falls to its lowest level since 1Q23
Total leverage on sponsored middle market transactions declined to 4.40x in 2Q26 from 4.51x in 1Q26, reaching its lowest level…
Read MoreUS LBO loan volume reached nearly US$90B in 1H26; direct lending held 43% share
US lenders completed a combined US$34bn of syndicated (US$16.94bn) and direct lending (US$$16.6bn) loan volume backing leveraged buyout activity ub…
Read MoreMiddle market loan issuance weakened in 2Q26 as sponsored activity slowed
US middle market loan issuance weakened in 2Q26 as sponsor-backed acquisition activity slowed amid muted LBO volumes and a smaller…
Read MoreIG lending drives $255.3B of US M&A loan issuance during 1H26
US syndicated loan issuance backing M&A purposes reached US$255.3bn during 1H26, driven primarily by IG volume US syndicated loan issuance…
Read MoreUS syndicated loan volume hits $465B as investment-grade lending jumps 22%
At US$465bn, 2Q26 US syndicated loan volume buoyed by 22% jump in investment grade lending US lenders completed over US$936Bn…
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