Posts by LSEG
Daily Analytic: First-lien share of BDC portfolios continues to climb
The first-lien share of BDC portfolios continues to edge higher, climbing to 86.4% in 1Q25, up 4 percentage points from…
Read MoreUS middle market private debt fundraising stands at US$21.3bn so far in 2Q
So far this quarter, LSEG LPC has tracked US$21.3bn of US middle market debt fundraising.
Read MoreUS$1.4bn of BDC loans were added to non-accrual status in 1Q25
A total of US$1.4bn of BDC loans were added to non-accrual status in 1Q25, up from roughly US$1.2bn in the…
Read MoreProportion of US loans trading north of par edges up modestly following headline volatility
In the wake of headline making talk of tariffs – and implicitly fears of a trade war – in April…
Read MorePrivate credit offers issuers some certainty during uncertain times, although comes with a cost
No matter which market borrowers opted to tap, financing conditions seemed more than accommodating as we approached the second quarter.
Read MoreBSL lenders support over US$405bn in new lending activity YTD; Several M&A opportunities bypass BSL market
US lenders have been tapped for nearly US$406bn in new loan assets so far this year via the broadly syndicated…
Read More1Q25 Syndicated ABL volume up 29% year-over-year at US$22bn
US lenders syndicated just over US$22bn of asset-based loan issuance in 1Q25, marking a 29% year-over-year increase and remaining flat…
Read MoreUS institutional loans pipeline grinds down to US$5.1bn amid tariff whiplash
Early in the second quarter, the institutional loan calendar stands at just over US$5bn, the lowest level in 5 years.
Read MoreInstitutional loan repricings decline alongside secondary loans in 1Q25
The secondary loan market had a deceivingly challenged quarter. Par-plus loans accounted for more than 53% of the market at…
Read MoreEvolution of leveraged loans by vintage shows notable reductions in near-term maturity walls
Leveraged loan issuers have continued to proactively manage their capital structures via refinancings and extensions, driving significant reductions in near-term…
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