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Debtwire

Institutional loan pricing shifts wider in August

By Debtwire | September 8, 2021

Source: Debtwire Par To begin the year, a surge of repricing and refinancing activity helped to push loan pricing to…

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Loan secondary prices stumble as attention turns to the primary markets

By Debtwire | August 10, 2021

Source: Debtwire Par, Markit The seemingly unrelenting secondary market rally hit a wall in July, with average bids in the…

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Average WE unitranche size rockets

By Debtwire | July 29, 2021

Source: Debtwire Par The total WE unitranche volume for the year is expected to come in higher than last year…

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Loan buyout financings accelerate in 2Q21, with jumbo deals driving volume

By Debtwire | July 15, 2021

Source: Debtwire Par Leveraged loans backing buyouts nearly doubled in volume from the 1Q21 figure, landing at USD 62.3bn for…

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Green/ESG high yield bonds issued by US corporates trade up in secondary

By Debtwire | June 30, 2021

Source: Dealogic, Markit Green and environmental, social, and corporate governance-linked high yield bonds issued in US dollars have taken off…

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Institutional loan & HY bond default landscape improves dramatically year-over-year

By Debtwire | June 16, 2021

Source: Fitch Ratings, Debtwire Par Defaults on institutional loan and high yield bond debt have subsided from elevated levels seen…

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Quarterly M&A/LBO share of institutional loan issuance improves in 2Q21 to-date

By Debtwire | June 3, 2021

Source: Debtwire Par Institutional loans backing M&A and buyout activity have totalled USD 120.1bn this year to date, improving from…

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Sectors most impacted by pandemic outperform in the loan secondary market year-to-date

By Debtwire | May 19, 2021

Source: Debtwire Par Average bids on term loans have increased modestly this month, landing at 97.13 as of 18 May.…

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SBO share of buyout issuance slips

By Debtwire | May 5, 2021

Source: Debtwire Par Sponsor-to-sponsor buyouts have been commonplace in the first several months of 2021, accounting for roughly 32% of…

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Demand sends loan prices higher in frothy secondary market

By Debtwire | April 21, 2021

Source: Debtwire Par, Markit Demand for leveraged loans has remained strong in April, driving the average bid on first lien…

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