Loan Stats at a Glance – 4/11/2022
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
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Why ESG Matters: Introduction
Last week we took our eight-year daughter to the library to stock up on books from her reading list. (The “Ready, Freddy!” series, in case you’re curious.) On the way out, a mother and her two young sons preceded us. The boys ran into the automatic revolving door. “No,” she said. “Come this way,” opening […]
The Pulse of Private Equity – 4/4/2022
The middle market ratio dropped in 2020 Download PitchBook’s Report here. Another tidbit in PitchBook’s 2021 Annual Middle Market Report is the chart above. It reflects the proportion of all US PE deal flow being done in the middle market. For most of the decade, the middle market’s share of overall deal flow hovered just above…
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Debtwire Middle-Market – 4/4/2022
More deals see pricing flex wide of talk since February Source: Debtwire Par, Markit Primary market pricing has jumped to its highest point since the coronavirus (COVID-19) pandemic sent shockwaves through the financial system in 2020, as inflation risks and ongoing uncertainty stemming from the war in Ukraine demand higher yields for investors willing to…
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Leveraged Loan Insight & Analysis – 4/4/2022
1Q22 Leveraged volume down 55% amid inflation fears and Ukraine war The combination of SOFR rollout, inflationary pressures, labor and supply chain issues and the war in Ukraine (as well as its impact on commodities) all tinged the US leveraged loan market in 1Q22, contributing to lower volumes and increasing spreads. At US$186.3bn, 1Q22 leveraged…
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LevFin Insights: High-Yield Bond Statistics – 4/4/2022
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Why ESG Matters (Second of a Series)
Today’s ESG river had many tributaries. Early practices screened out business activities perceived to harm the environment or society. Mosaic law dating back to 1500 BC, Koran precepts, Henry VIII’s lending legalization, 18th century England and Methodist movements, and the 20th century’s socially responsible investing (SRI) all have embodied “doing good.” In the last fifty…
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Chart of the Week: Impact Investing
Spending on ESG data continues to increase rapidly,
as customer demand becomes more sophisticated.
Covenant Trends – 4/4/2022
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks (Past performance is no guarantee of future results.) Contact: Steven Miller