LSEG LPC
Premium for MM direct lending loan yields over large corporate credits averaged 265bp in 2Q24
Pricing tightened across all market segments in 2Q23 as demand for assets outpaced supply. This enabled borrowers to obtain more…
Read More1H24 New-issue CLO volume sets new record for first six months at over US$99.5bn
Over US$99.5bn of new US CLO issuance has been completed through the end of June 2024, an increase of over…
Read More1H24 Sponsored loan volume tops US$400bn, exceeding full year 2023 results
PE sponsors tapped the loan market for a record US$227bn in 2Q24, pushing sponsored issuance for the first six months…
Read MoreLeveraged loan and HY bond volume surge in 2Q24 amid refinancing activity
Leveraged issuers raised over US$484bn via the loan and high yield bond markets in 2Q24, the strongest quarterly results since…
Read MoreLeveraged borrowers continue to tap lenders for refinancings: BMC Software among largest credits to return
In the absence of meaningful new money loans calendar, a steady stream of refinancings have kept arrangers of leveraged loans…
Read MoreDo you expect to meet your lending goals this year?
Middle market lenders were asked in a recent LPC survey if they expect to meet their lending goals this year.
Read MoreWhat are middle market lenders top 3 concerns for the remainder of the year?
Middle market lenders were asked in a recent LPC survey what are their top 3 concerns for the remainder of…
Read MoreBoosted by refinancing activity, 1H24 sponsored loan volume at highest level since 2H21
Nearly US$300bn, 1H24 sponsored loan volume to date represents the largest half year total since 2H21 and a 56% increase…
Read MoreDaily Analytic: Services and healthcare sectors see most loans added to non-accrual status in 1Q24
The weighted average non-accrual rate for public and private BDCs combined ticked down to 1.39% in 1Q24 from 1.50% in…
Read MoreNew institutional loan volume remains limited in May
Refinancings continue to dominate the US institutional loan calendar in 2Q24 as issuers including Golden Entertainment, 84 Lumber, Filtration Group,…
Read More