While US leveraged loans now entail less debt, interest coverage for these borrowers has dipped starkly as borrowing costs have skyrocketed, thanks to rising rates.

Apr 28, 2023

The collapse of Silicon Valley Bank is raising questions about lending to the tech sector, which has had a growing presence in both the institutional syndicated loan market and the private credit market in recent years.

Mar 13, 2023

Despite late-month volatility the U.S. leveraged loan asset class showed positive returns in February, with loan investors like CLOs demonstrating increased appetite for risk.

Mar 1, 2023

The economic turmoil in the capital markets did not bode well for private equity dealmaking in the third quarter. US companies raised just $10.6 billion of leveraged loans to fund buyouts in the three months, the lowest such reading in almost seven years. The drop-off is even more stark when compared to 3Q21, when LBO volume was as high as it had been since the Global Financial Crisis.

Oct 21, 2022

The Morningstar LSTA US Leveraged Loan Index lost 2.27% last month, and is now down 3.25% for the year, ranking 2022 at present as the worst year since the Global Financial Crisis.

Oct 4, 2022