Covenant Trends – 2/21/2022
Percentage of Loans with F&C Tranche Growers (Past performance is no guarantee of future results.) Contact: Steven Miller
TheLeadLeft
Private Debt Intelligence – 2/21/2022
Investors’ target allocations indicate bright fundraising future for private debt Nearly every type of investor increased their target allocations to private debt over the past year, in part due to low real returns from public debt investments. Most investor types, with the exception of family offices and wealth managers, have current allocations far below target….
Already a member? Log in here
Loan Stats at a Glance – 2/21/2022
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
PDI Picks – 2/21/2022
The lure of the lease As the hunt for yield gathers even more intensity, the triple-net lease strategy is winning support. With the prospect of sustained inflation likely to further erode already diminishing fixed income yields, the hunt for yield and attractive risk-return is becoming even more urgent. Against this backdrop, increasing numbers of investors…
Already a member? Log in here
Leveraged Loan Insight & Analysis – 2/14/2022
More institutional deals get done without a CSA this month The institutional loan market has mostly shifted to a term SOFR base rate this year. While there are a few deals that have been done at a spread over Libor, these are on the decline. Only 11% of institutional term loans so far in February…
Already a member? Log in here
Debtwire Middle-Market – 2/14/2022
Source: Cliffwater Direct Lending Index and BofA Merrill Lynch US High Yield Effective Yield The red line in the chart is the *Cliffwater Direct Lending Index (CDLI) current yield, which is based on the investment income of the underlying assets held by public and private BDCs. BDCs invest in middle market companies, and the Index…
Already a member? Log in here
