Chart of the Week: Triple-A Trip
The average spread of the highest-rated middle market CLO liabilities has plummeted over 50 bps since last year.
The average spread of the highest-rated middle market CLO liabilities has plummeted over 50 bps since last year.
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Percentage of Loans with an MFN Sunset Contact: Steven Miller
Contact: Timothy Stubbs timothy.stubbs@spglobal.com
iTraxx Crossover underperforming? Here in the UK there is no end of doom and gloom about Brexit and the state of the economy. One could be forgiven for approaching the end of 2017 in a bleak mood. But the European investment grade market appears immune to this despondency; indeed, we are going into year-end in…
Beginning in March 2017 The Lead Left published a series of articles on private credit and public debt. This report consolidates those articles.
Middle Market LBO issuance hits post credit crisis high at $24B Despite lenders complaining of a supply demand imbalance for most of the year, middle market LBO issuance is actually quite robust in 2017. Year to date, syndicated middle market LBO loan issuance has already reached US$24.2B, the highest level tracked post credit crisis and…
Source: LevFin Insights Source: LevFin Insights Source: Lipper Contact: Robert Polenberg robert.polenberg@levfininsights.com
Minimum Debt Basket(s) Capacity Contact: Steven Miller