TheLeadLeft

Bloomberg: Leveraged Lending Insights – 4/14/2025

Published by on

Launch Drought Extends to 14 Days, Setting Bleak New Record Click here to access Bloomberg’s US Leveraged Finance Chartbook Wednesday, April 16th was the 14th business day running without a leveraged loan launch, marking the longest such primary issuance draught since Bloomberg began tracking the data in 2013…. Subscribe to Read MoreAlready a member? Log

Subscribe to Read More
Already a member? Log in here
Debtwire Middle-Market – 4/14/2025

Published by on

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 12.1% as of 14 April) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses…

Subscribe to Read More
Already a member? Log in here
Middle Market & Private Credit – 4/14/2025

Published by on

Inflows, Competition to Pressure Perpetual BDC Earnings, Asset Quality Click here to learn more. The elevated competitive underwriting environment for business development companies (BDCs) will persist in 2025 due to significant capital being raised, especially in perpetual, non-traded BDCs amid sluggish M&A activity. The difficult environment will negatively affect earnings and asset-quality metrics, while also…

Subscribe to Read More
Already a member? Log in here
Covenant Trends - 4/14/2025

Published by on 0

Average EBITDA Adjustment Cap for Synergies & Cost Savings (Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com

PDI Picks – 4/14/2025

Published by on

Distress takes the fundraising limelight Q1 2025 saw a reversal in fortunes, with direct lending making a slow start to the year. In recent years it’s almost felt as if direct lending has been the only game in town. Whenever Private Debt Investor collects global fundraising data, we always break it down by target strategy….

Subscribe to Read More
Already a member? Log in here