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Business of Private Credit: Coming Home
Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.
Loan Stats at a Glance - 3/4/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Markit Recap – 2/25/2019
Seasoned credit investors are painfully familiar with shareholder-friendly actions. Leveraged buyouts, debt-financed share buybacks and special dividends can all deliver…
Special Report: Spotlight on Healthcare
Beginning in March 2018 The Lead Left published a series of articles on the healthcare industry. This report consolidates those articles.
Middle Market Lenders: What is the upper bound of unitranche leverage you will allow?
Downturn opportunities don’t last long
Bain & Company released its annual private equity report this week. It’s required reading for the industry every year. One…
Shooting Below Par
After a good run leading up to last year’s market volatility, virtually no names in the LCD LSTA Leveraged Loan Index are trading at or above par.
Privately placed second-lien issuance picks up this quarter
So far this quarter there is US5.2bn in completed and pipeline second-lien issuance, well below the US$8bn level it has…
Private debt is expanding despite its competitiveness
PDI data show almost twice the number of investors this year are set to expand their GP relationships than decrease…
Private Debt Intelligence - 2/25/2019
Ample Room Left for Private Debt Growth [wpdm_package id=’23309′] Investors are, on average, well below their target allocations to private…
M&A/LBO activity dominates institutional loan issuance YTD
Source: Debtwire Par Despite leveraged loan issuance posting a sharp decline year-over-year (YoY), the good news for buysiders is that…
Loan Stats at a Glance - 2/25/2019
Contact: Marina Lukatsky marina.lukatsky@spglobal.com
Lead Left Readers' Say: Direct Lenders VS. Private Equity Investors
Copy: Lead Left Readers’ Say: 2018 Review and 2019 Outlook Infogram









Leveraged Loans and Systemic Risk (First of a Series)
“It is difficult for us to envision a scenario in which the leveraged loan market causes the next financial crisis.”…