Chart of the Week: Cliff Notes
Secondary broadly syndicated loan prices have plunged during the Russia/Ukraine war.
Secondary broadly syndicated loan prices have plunged during the Russia/Ukraine war.
Dropping for decades, energy’s share of the consumer wallet appears to be lifting.
Institutional investors believe that ESG factors and borrower performance work in concert.
The share of unitranche grew to over one-third of middle market financings last year.
The SOFR curve is flatter than LIBOR, creating impetus for the credit spread adjustment.
Cov-lite unitranche volume spiked in both the large corp. and MM segments.
Consumer spending on goods has driven the recovery, but will it last?
Amid significant market volatility, leveraged loan performance topped other asset classes.
Inflation is spiking, but the drop in sales vs. production should ease prices.
New business applications are up in many sectors; down big-time in retail.