Posts by LSEG
Latest crop of loan defaults underscores how steep losses can get when credit situations go wrong
Secondary trading in the largest and most recently defaulted institutional loans offers a glimpse of how steep losses can get…
Read MoreYield premium on direct lender arranged MM sponsored deals tightened in 4Q25
Yields for large corporate and middle market(MM) sponsored loans – whether executed via the broadly syndicated or direct lender loan…
Read MoreUS private credit lending continued on its upward trajectory in 4Q25, driven by a jump in new money financings
US direct lending sponsored volume climbed to US$109bn in 4Q25, an increase of 19% from the prior quarter. This uptick…
Read MoreUS Institutional loan issuance eases in ’25 despite another buildout year for AcqFin
US institutional loan issuance reached approximately US$1trn in ’25, down about 20% on the year although still the second busiest…
Read More2025 US M&A loan volume jumps 43% to mark 4-year high at US$482bn
US lenders completed over US$482bn in M&A loan volume in 2025, an increase of 43% compared to 2024 totals and…
Read MoreUS primary market loan yields tighten in December
The average primary market yield, assuming a 3-year term to repayment on first-lien institutional term loan Bs, decreased 26bp to…
Read MoreWarner Bids Drive Record US BSL Bridge Loans
Dueling bridge loans backing Netflix Inc. and Paramount bids for Warner Bros Discovery largest on record for US BSL market…
Read MoreThe record setting continues as BDC AUM reaches US$534bn
Investors continue to allocate more capital to BDCs and in turn the upward growth trajectory shows no sign of slowing,…
Read MoreUS syndicated LBO loan volume has reached US$84bn YTD; Additional US$25bn in pipeline
US BSL loan volume backing private equity sponsored activity totaled US$969bn so far this year.
Read MoreUS repricings slow in early 3Q25 as new loan assets re-emerge
US leveraged lenders completed just under US$18bn of repriced institutional loan volume during the month of October, down from over…
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