Loan Stats at a Glance – 1/18/2016
Contact: Daniel Mena daniel.mena@spcapitaliq.com
Contact: Daniel Mena daniel.mena@spcapitaliq.com
If European credit investors had to name two names damaged by the precipitous fall in commodity prices, it is likely that Glencore and Anglo American would top the poll. The two mining firms have seen their credit spreads widen dramatically and are now quoted upfront, the only credits in the Markit iTraxx Europe… Subscribe to
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“People are still standing.” So a friend of ours characterized the broadly syndicated loan market at the close of a bumpy 2015. From his perch at a big bank trading desk, he put a good face on investor appetite. “There are still bids,” he told us. Another large cap sales pro agreed. “Investors are putting…
CLO formation last year totaled $93 billion, off 2014’s record $124 billion, as managers wrestle with risk retention. US CLO Activity Source: S&P LCD
Private equity sponsors once again took a back seat to leveraged corporate issuers, struggling to garner 42% of total leveraged loan volume amid limited deal making opportunities. With demand for assets at a premium for much of the year, PE sponsors wrestled with… Subscribe to Read MoreAlready a member? Log in here...
This week we chat with Adrian Docherty, who heads up BNP Paribas’ Bank Advisory team. His team helps banks who are customers and counterparties of BNP Paribas to improve their management of risk, capital, funding, liquidity and profitability. He is also the author of Better Banking: Understanding and Addressing the Failures in Risk Management, Governance…
Long proclaimed as one of the U.S. sectors most ripe for private equity investment, given its growth prospects as well as its relatively fragmented nature, healthcare services saw a decade high of 203 completed buyouts in 2015. Total deal value also surged after staying relatively flat for three years,… Subscribe to Read MoreAlready a member?