Posts by LSEG
How does the US middle market characterize the quality of 3Q23 deal supply?
Finding quality opportunities to put money to work has been one of the main challenges faced by middle market lenders…
Read MoreUS downward price flexes soar in 3Q23
The US institutional loan market continues to gain momentum as investor appetite remains strong. This is evident in flex activity…
Read MoreLBO volume to get needed boost from Worldpay & Syneos loans
Syndicated LBO activity has been extremely hampered so far this year. Completed US syndicated LBO loan volume totals just US$16.1bn
Read MoreUS yields decline across the board in 3Q23
The US institutional loan market had a busy summer, with many issuers taking advantage of increased investor appetite. Many tapped…
Read MoreBDC assets under management top US$290bn
BDC assets under management continued to climb in 2Q23 and now top US$290bn. This represents a 3.8% gain from the…
Read MoreSponsored large corporate direct lending volume dropped 28% in 2Q23
US sponsored large corporate direct lending loan volume totaled US$12.5bn in 2Q23, 28% lower than 1Q23’s level. The US$12.5bn total…
Read MoreInterest coverage ratios move lower
Interest coverage ratios have come come under pressure as base rates have moved sharply higher in the last 15 months.…
Read MoreUS unitranche volume tallies under US$10bn in 2Q23 as jumbo deals become scarcer
US unitranche volume sank further in 2Q23, totaling US$9.4bn, the first time it tallied less than US$10bn since 2Q20. Large…
Read MoreUS sponsored middle market direct lending volume increased in 2Q23
Activity picked up in the US middle market direct lending space in 2Q23 but remained at lower levels. At US$16.3bn,…
Read More2Q23 US middle market syndicated lending dropped 53% year-over-year
US middle market syndicated loan volume reached US$27.8bn in 2Q23, down 53% from 2Q22 and 7% quarter-over-quarter. Sponsored syndicated loan…
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