Posts by LSEG
U.S. M&A Volume by Segment
Lenders cleared over US$619bn in US syndicated M&A loan volume in 2021 to mark the second highest annual total on…
Read MoreUS leveraged loan returns advance to 5.2% in 2021, HY bonds gain 5.4%
US leveraged loans wrapped up 2021 by posting a return of 0.78% in the fourth quarter, outpacing both high yield…
Read MoreRecord US$1.8tr of US leveraged issuance clears market in 2021
In the absence of major market blips or deepening concerns around deteriorating credit quality, US leveraged lenders supported nearly US$1.8tr…
Read MoreMiddle market syndicated M&A volume reaches US$49.2bn year-to-date
Middle market syndicated loan M&A volume has reached US$49.2bn year-to-date, surpassing the US$46.1bn and US$44.4bn posted in 2018 and 2019,…
Read MoreUS leveraged loan and HY bond returns bounce back in December
Leveraged loans posted their worst month of post-pandemic returns in November, at -0.16%, according to the S&P/LSTA Leveraged Loan Index,…
Read MoreTotal assets in BDCs climb to over US$180bn
Total assets in BDCs climbed to over US$180bn in 3Q21, as publicly traded BDC assets increased to US$111bn, up from…
Read MoreIncluding direct lending loans, 2021 US LBO volume is at an all-time high
When including direct lending deals, US LBO loan volume has reached an all-time high this year. Year-to-date through November 22,…
Read MoreBDC portfolio loan coupons tighten significantly in 2021
The huge growth of fundraising in the direct lending market and the resulting need to put money to work has…
Read MoreEquity multiples average an all-time high 7.1x on middle market LBO deals this year
US middle market LBO purchase price multiples have continued to move higher this year. Through the first nine months of…
Read MoreBDC visible loans benchmark shifts higher in 2021
BDC earnings season is underway with 22 funds having released their 3Q21 reports so far through November 3. This cohort…
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