Posts by LSEG
Lower rated credits post largest declines in secondary market
Risk assets have come under renewed pressure in recent days as rising inflation has prompted expectations of a more aggressive…
Read MoreAfter a record 2021, mid-market technology sector volume totals US$5.5bn so far this year
So far this year US middle market technology sector volume totals a lower US$5.5bn through mid-May. That number includes US$2.3bn…
Read MoreBDC share prices down 9.7% YTD amid market volatility
The recent inflationary environment has led to volatility in the financial markets and left investors trying to determine the impact…
Read MoreUS LBO activity remains healthy, with volume totaling US$19.5bn so far this quarter
LBO activity has remained steady despite persistent headwinds in the financial markets this year. Refinitiv LPC has tracked roughly US$19.5bn…
Read MoreLoan fund flows total US$25.2bn to date in 2022
In the same week that the Fed raised rates 50bp, the largest increase in 22 years in a move that…
Read MoreUnitranches help move senior leverage higher on direct lender middle market technology sector LBO deals
The increasing popularity of the unitranche loan structure backing direct lending middle market LBOs in the technology sector drove senior…
Read MoreUS unitranche leverage edges lower, spreads tick higher in 1Q22
First quarter 2022 US unitranche volume pulled back sharply in both the middle market and large corporate markets as lenders…
Read MoreBDC origination activity expected to decline in 2022 but remain robust
After a record setting 2021 and a slower start to 2022, BDC origination activity is expected to decline this year,…
Read MoreEquity multiples increased to 6.6x on US LBO deals in 1Q22
US LBO volume topped off at US$38.8bn in 1Q22, the lowest level since 1Q21 but good enough to be the…
Read More1Q22 Leveraged volume down 55% amid inflation fears and Ukraine war
The combination of SOFR rollout, inflationary pressures, labor and supply chain issues and the war in Ukraine (as well as…
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