Posts by LSEG
Middle market LBO direct lending surges to new heights
It was a record setting quarter for middle market LBO direct lending in 3Q21, with volume surging to US$16.3bn, nearly…
Read MoreWholesale is the top sector for non-sponsored MM volume this year
US syndicated middle market non-sponsored volume totaled US$82bn in 1Q-3Q21, an over 80% increase year-over-year. Leading the way was the…
Read MoreMiddle market non-sponsored syndicated M&A jumped to US$4.4bn in 3Q21
The non-sponsored middle market added another strong quarter to the books. While issuance was slightly down from 2Q21, it was…
Read More1-3Q21 leveraged issuance sets new record at US$1.3Tr
U.S. bank arrangers completed over US$250bn of leveraged loan issuance during the quarter, the strongest 3Q results since 2017 as…
Read More2021 Sponsored leveraged loan issuance is US$493.4bn, up 120% YoY
Near the end of the 3Q21, sponsored leveraged loan issuance for the year is US$493.4bn, broken out between US$122.9bn of…
Read MoreBDC newly originated second lien exposure climbs in 2Q21
BDC’s increased their second lien exposure to 12.1% of new originations in 2Q21, up from the 7.5% tracked in 1Q21.…
Read MoreUnitranches continue to grow in size and scale
The size and depth of the direct lending market has grown dramatically in recent years, with mega unitranches increasing in…
Read MoreBDC asset valuations post gains in 2021
BDC’s have benefited from rising asset valuations in recent months, with both loan and equity holdings posting gains. During 2Q21…
Read MoreMiddle market non-sponsored syndicated volume is at US$12bn so far in 3Q21
Non-sponsored syndicated middle market loan volume is at US$12bn so far in 3Q21, already on par with the total logged…
Read More2021 Leveraged loan issuance at US$722bn, up 63% YoY
As the delta variant threatens to destabilize US economic activity via a possible 4th wave the leveraged loan pipeline has…
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