TheLeadLeft

State of the Loan Market (Second of a Series)

Published by on

The backdrop for US credit got a boost from several corners last week. First, the nomination of Jerome Powell to be the next Fed chief ensured monetary policy would be, if not unchanged, at least in experienced hands. Also, the October labor report – 261,000 new jobs added– came in pretty much where economists expected….

Subscribe to Read More
Already a member? Log in here
Leveraged Loan Insight & Analysis - 11/6/2017

Published by on

Investors have increasingly warmed to riskier issuers since 2016 Since the second half of 2016, investors have increasingly gotten more comfortable with riskier names. According to the Flex Factor, which aggregates price and structural flex activity on institutional loans, B3 rated issuers have seen more issuer friendly changes to their loans now compared to a…

Subscribe to Read More
Already a member? Log in here
Debtwire Middle-Market – 11/6/2017

Published by on

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 comprises of more…

Subscribe to Read More
Already a member? Log in here
The Pulse of Private Equity - 11/6/2017

Published by on

US-Canada PE activity rising, despite politics Download PitchBook’s Report click here. Cross-border private equity activity remains high in Canada, despite trade-related fears at the onset of the incoming Trump administration. According to our latest Canada Breakdown report, available to download here, PE activity involving US investors is on a quick pace in 2017. The 163…

Subscribe to Read More
Already a member? Log in here