Loan Stats at a Glance – 5/31/2021
Contact: Marina Lukatskymarina.lukatsky@spglobal.com
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Covenant Trends – 5/31/2021
Percentage of Loans with Uncapped Synergies & Cost Savings EBITDA Addbacks (Past performance is no guarantee of future results.) Contact: Steven Miller
Inflation Worries: Real or Imagined?
The Federal Reserve is standing firmly behind its view that, despite April’s CPI increase of 4.2%, the highest since 2008, any inflation will be transitory. But some observers worry that pent-up consumerism will create inflation akin to the 1970’s. In a thought piece published last month entitled “Why Our Managers Disagree on Inflation, Interest Rates […]
Leveraged Loan Insight & Analysis – 5/24/2021
US syndicated middle market activity picks up the pace in 2Q21 At over US$26bn through May 19, US syndicated middle market volume is just US$3bn shy of 1Q21’s full quarter level. The big difference maker has been sponsored middle market volume, which totals US$10.6bn in completed volume this quarter, already besting 1Q21’s US$9.8bn level. LBO activity…
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The Pulse of Private Equity – 5/24/2021
13.3% returns in Q3 Download PitchBook’s Report here. PE fund returns data continues to pour in, giving us a clearer picture of COVID’s impact in 2020. Finalized Q3 2020 data shows a 13.3% return, on a global basis, according to PitchBook’s just-released Global Fund Performance Report. That surpasses the 9.1% return in Q2, and between those…
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Inflation Nation (Second of a Series)
We continue our special series on inflation speaking with Nuveen’s chief investment strategist, Brian Nick. Brian, there’s a lot of attention being paid by markets to inflation risk. Is this warranted? “Prices of certain goods and services in the U.S. are rising for a variety of reasons, all of which we believe to be transitory….
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Chart of the Week: Reopening Remarks
The reopening of shuttered or nearly closed businesses accounted for a big share of April’s CPI increase.
LevFin Insights: High-Yield Bond Statistics – 5/24/2021
Source: LevFin Insights Source: LevFin Insights Source: Lipper (Past performance is no guarantee of future results.) Contact: Robert Polenberg robert.polenberg@levfininsights.com
Private Debt Intelligence – 5/24/2021
Europe plays catch up in global PD Although North America-focused funds still constitute 61% of total private debt AUM globally, other regions are gradually expanding their share. Particularly in Europe, which made up 30% of global private debt AUM by June 2020…. Subscribe to Read MoreAlready a member? Log in here...
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