Posts by LSEG
Primary leveraged yields widen across the board due to rising Libor rate
The increase in Libor rates has boosted yields on institutional term loans this quarter. The average yield, assuming a three-year…
Read MoreSecond lien issuance reaches $6.8B so far in 1Q18
Syndicated and privately placed second lien loan volume has reached US$6.8bn so far in 1Q18, which is not too far…
Read MoreInstitutional term loans spreads are back to 2007 levels
Average spreads on first-lien institutional term loans have dropped to their lowest level since 4Q07. The drop has been across…
Read MoreU.S. large corporate LBOs are averaging bigger, more expensive deals so far in 2018
Register now for LPC’s 6th Annual Middle Market Loans Conference – April 25, 2018 at the NY Marriott Marquis! While it…
Read MoreLBO leverage levels continue to loosen
Debt to EBITDA levels on LBO deals spanning the entire market (including broadly syndicated and institutional middle market loans) are…
Read MoreCLO AAA spreads continue to tighten in early 2018
Spreads for U.S. CLO AAA notes continue to tighten in early 2018 with the average AAA discount margin dipping south…
Read MoreM&A loan financings comprise 30% of completed U.S. leveraged issuance this quarter
The U.S. leveraged loan market continues to chug along at a steady pace. So far this quarter there has been…
Read MoreBDC share prices were engulfed by market wrath earlier this week
Register now for LPC’s 6th Annual Middle Market Loans Conference – April 25, 2018 at the NY Marriott Marquis! For…
Read MoreThomson Reuters financial unit sale marks the largest LBO financing since 2013
Tuesday’s announcement that Blackstone is buying a 55% stake in Thomson Reuters Financial and Risk business in a deal that…
Read MoreStrong investor demand for institutional loans help issuers flex terms in their favor
Continued strong demand for institutional loans has carried into the New Year. Already there has been US$30bn in institutional loan…
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