Covenant Trends – 10/21/2019
Credit Stats by Sector (LTM) Contact: Steven Miller
TheLeadLeft
Private Debt Intelligence – 10/21/2019
Private Debt Performance Slows as AUM Grows Returns for the private debt asset class as a whole have slowed over the past year, with distressed debt and direct lending funds contributing most to this slump. Over the one-, three- and five-year horizons, mezzanine funds have performed the strongest of the debt strategies, posting an annualized…
Already a member? Log in here
LevFin Insights: High-Yield Bond Statistics – 10/21/2019
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Deal, No Deal (Second of a Series)
Last week we took on the question of deal flow. How does the backdrop of M&A activity relate to the volume of reported sponsored debt financings? This week, we took to the road in search of answers. At the SuperReturn Private Credit conference in Chicago, we chaired the first day of panels, so had a…
Already a member? Log in here
Chart of the Week: Off the Peak
Valuations have trended up over the past decade, but the number of M&A transactions has slowed.
Debtwire Middle-Market – 10/21/2019
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
Loan Stats at a Glance – 10/21/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
State of the Capital Markets – Third Quarter 2019 Review and Fourth Quarter 2019 Outlook
Review of Current Market Conditions/ Analysis of Capital Markets Metrics/ Review of Credit Quality/ Outlook for Fourth Quarter 2019
