Posts by LSEG
LevFin books new issuance record in July thanks to loan repricings, while growing M&A business shouldn’t be overlooked
US leveraged finance issuance topped US$236bn in July, eking a new all-time monthly high for the business.
Read MoreTotal leverage on sponsored middle market deals ticked up in the 2Q 2025, driven by higher senior leverage
Total leverage on sponsored middle market deals ticked up to 4.56x on average in 2Q25, driven by higher senior leverage.
Read More2Q25 US MM LBO volume down 30% quarter over quarter
Middle market LBO loan volume totalled US$10.28bn in the second quarter, down 30% compared to 1Q25 results but up 2%…
Read MoreUnitranche spreads hover around recent market lows
The most recent quarter was marked by intense competition among direct lenders and lower than hope for deal flow. In…
Read More2Q25 Total US direct lending LBO volume down over 47% quarter over quarter
Talk of tariffs, inflation fears and anticipation of a congressional show down over the Trump administration’s “big, beautiful bill” contributed…
Read MoreAs overall issuance slips in 2Q25, strategic M&A remains a bright spot for LevFin market
Leveraged finance issuance topped US$343bn in 2Q25, down approximately 30% from 1Q25 and off nearly 40% versus 2Q24.
Read MoreSupported by increase in high grade financings, 2Q25 US M&A loan volume up 64% y-o-y; LBO activity declines
Brushing aside tariff woes, inflation concerns and geopolitical fears, US lenders raised US$228.5bn of new loan assets in 2Q25, a…
Read MoreHow do middle market lenders characterize the quality of 2Q25 loan supply?
According to preliminary results from LSEG LPC’s quarterly middle market lender outlook survey, a large majority (81%) of respondents say…
Read MoreBank loans, high-yield bonds provide boost to levfin origination in May
US leveraged finance issuance reached nearly US$127bn in May, up more than 60% from April’s US$78bn pipeline.
Read MoreLoan funds post 4 consecutive weeks of inflows
Following the bout of market volatility and accompanying large outflows posted in April, both loan funds and high yield bond…
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