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Cumulative CLO assets under management (AUM) increased to $335 billion in July with CLO AUM reaching $65 billion for CLOs…

LBO volume is strong in 2014, already reaching $47 billion in 1H14 with a significant amount of deal volume in…

At $244 billion, 2Q14 leveraged loan issuance was down 14 percent from 1Q14 levels and a much higher 31 percent…

High-yield bond issuance in Europe has outpaced leveraged loan issuance so far in 2014, inverting a trend that has stood…

At nearly $240 billion, 1H14 sponsored loan volume to date is on a steady upward trajectory, with a 21percent increase over…

2014 CLO issuance sits well over $50 billion so far this year. With more than $10 billion in CLOs pricing in each…

Loans are appealing to investors because they offer a cash coupon, an interest rate hedge, security,  seniority in the capital structure and covenants.  Oh wait, did we say covenants? Our bad!  Not only is covenant lite running rampant in the loan market, but covenanted deals are also providing investors with less protection today compared to the past.  Based on leveraged deals with at least one covenant tracked by LPC via SEC filings, the amount of covenants in covenanted deals is at an all time low.

The long awaited pick-up in M&A-related lending is finally making a comeback this year.  The second quarter has seen many deals coming to…

The middle market yield premium on first-lien institutional term loans has dropped to just 66bp this quarter; its lowest level…

CLO issuance remains strong thanks to a broadening and growing AAA investor base and a growing number of first time…

The average large corporate LBO debt to EBITDA level was 6.24 times in 1Q14, up from the 6.21 average seen…