Posts by LSEG
Combined AUM approach US$800bn for US CLOs and retail loan funds
US CLO assets under management (AUM) have climbed to US$677.24bn in January after a 15% increase last year to US$673bn.…
Read MoreSpread differential between a unitranche and first-lien loan remains near all-time tights
The middle market sponsored loan arena has kicked off 2020 with a slow start in the syndicated loan market. Refinitiv…
Read MoreAfter record quarter in 4Q19, Green & ESG lending off to strong 2020 start
After a strong 4Q19 which culminated in record issuance across the green & ESG markets, 1Q20 issuance has set off…
Read MoreIssuer-friendly flex adjustments dominate US institutional loan market in January
Flex activity in the US institutional loan market has been extremely friendly towards issuers this month. Refinitiv LPC’s Flex Factor…
Read MoreBehind improved market sentiment, US institutional loan pipeline builds
The US institutional loan pipeline improved to the US$34bn area last week, its highest January level in the past two…
Read More2019 US Syndicated loan volume down 20% compared to 2018 record high
At US$2.1trn 2019 U.S. syndicated loan volume was down 20% compared to the record setting US$2.6trn raised the prior year…
Read MoreYields bifurcate within the single-B category
Investors took a cautious approach and became more selective in the latter part of 2019. In turn, the yield premium…
Read MoreUS secondary loan bids get a boost from improved single-B sentiment
Average bids in the US secondary loan market have been on the upswing of late. The LPC 100, Refinitiv LPC’s…
Read MoreDefaulted loans ticked down slightly for BDCs in 3Q19
Lenders and investors are exhibiting growing concerns surrounding slowing growth and where the economy is headed. Yet non-accruals within BDC…
Read MoreOil and gas lending follows oil prices down
The oil and gas industry is facing many challenges – recession fears, the ongoing trade war, regulatory shifts and excess…
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