TheLeadLeft

Leveraged Loan Insight & Analysis - 11/16/2020

Political headlines and investor pressure provide impetus for accelerated ESG discussions US President-elect Biden announced 10 executive actions that he will take on the first day of his presidency in January in an effort to combat climate change. This undertaking will run afoul of the Trump administration’s recent announcement that it will accept sale lease…

SPACs – A Primer (Part I)

After COVID, the elections, and what the fifth instalment of the Scream series will be called (hint: it’s not Scream 5), the topic getting the most attention from our readers is the ramp-up of SPACs, or special purpose acquisition companies. By definition, these vehicles are publicly traded shell companies with investor cash as their only…

Debtwire Middle-Market – 11/16/2020

Vaccine hope and election results impact the secondary markets Source: Debtwire Par Leveraged loan and high yield bond secondary markets saw an uptick in volatility ahead of the US General Election, with term loans posting a 61bps decline in weighted average bids in the 26 October to 2 November time frame and high yield bonds…