Posts by LSEG
3Q20 US loan volume lowest since 1Q10; 1-3Q20 down 29% y-o-y
Against the backdrop of a second quarter that saw GDP down 30% and a relatively orderly calendar of refinancings and…
Read MoreLibor floors remain in institutional market, but are shifting lower
One of the many effects brought by the pandemic was the precipitous drop in Libor rates, which had already been…
Read MoreMiddle market non-sponsored sydicated loan volume drops dramatically
Middle market completed non-sponsored syndicated loan volume of US$7bn so far in 3Q20 is far behind the US$22bn logged in…
Read MoreCovenant and pricing changes were two most amended provision in 2Q20 US middle market
Refinitiv LPC tracked 50 US middle market publicly filed 8K summaries that involved a loan amendment in 2Q20. The most…
Read MoreCombined AUM for US CLOs and retail loan funds inched up to US$784bn in July
US CLO assets under management along with loan mutual fund assets under management, inched up in July for a combined…
Read MoreBDC portfolio non-accrual rates hit 5.53% so far in 2Q20
Digging into portfolio performance remains the top priority for BDC research analysts on BDC earnings calls this week. Even though…
Read MoreRefinitiv LPC’s Lender Survey: Do you have better control of your downtime?
When asked if they have better control of their downtime, 44% of large corporate buyside and sellside lenders surveyed by…
Read MoreUS debtor-in-possession loan volume surpasses US$10bn so far this year
Completed US debtor-in-possession (DIP) loan volume is on track to reaching the highest annual level since the Great Financial Crisis,…
Read MoreU.S. Primary yields widen slightly to 7% so far in July
After declining in May and June, primary US institutional yields have inched up in July. The average yield, assuming a…
Read MoreWeighted average bids of US CLO portfolios continue to edge higher
The value of loan assets in U.S. CLO portfolios has continued to trend higher over the last three months, clawing…
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