TheLeadLeft

Private Debt Intelligence - 12/12/2022

Information technology dominates PD in North America As we near the end of 2022, the dominance of the information technology sector in private debt in North America is showing. 71 deals have been completed in the sector in 2022 YTD, which puts it behind several other sectors such as consumer discretionary and healthcare…. Subscribe to

PDI Picks – 12/12/2022

The shifting ESG agenda Our A-Z of ESG report asks what constitutes an effective policy for private debt managers in today’s world. When we surveyed fund leaders earlier in 2022, there was overwhelming agreement that a stronger environmental, social and governance vision and culture creates value for a business. The ESG agenda has, as one…

Leveraged Loan Insight & Analysis - 12/5/2022

Returns on US leveraged loans and HY bonds positive for second consecutive month Returns for US leveraged loans and high-yield bonds were positive for a second consecutive month in November, with loan returns higher MoM to 1.24% and high-yield bonds returning 1.87%. Year-to-date returns stand at -9.85% for high-yield bonds, with loans outperforming at -0.9%….

Covenant Trends - 12/5/2022

Average F&C Tranche / Pro Forma EBITDA, Based on Closing PF Leverage (L3M) (Past performance is no guarantee of future results.) Contact: Steven Miller

Debtwire Middle-Market – 12/5/2022

CLO refinancings fail to materialize in challenging market Source: Creditflux, Debtwire Par New CLO (collateralized loan obligation) issuance has held up well amid a backdrop of challenges in the leveraged loan market this year ranging from persistently high levels of inflation, to the ongoing war in Ukraine and rising interest rates. At USD 124.7bn through…