US junk loan funds suffer biggest outflows in 4 years Investors withdrew $2.5bn during market plunge on fears of economic slowdown and lower coupons if interest rates fall August 2 2024 Corporate bonds Creditor violence is escalating Hello uptiers, trapdoors, dropdowns, and double dips ...
Octaura launched its electronic loan trading solution in 2023 and has grown the platform quickly, from three dealers to 18 and from 34 buy-side firms to 117. As of July 31, 2024, 2.2% of the leveraged loan market traded on the Octaura platform. With plans to unveil additional services ...
Leveraged-Loan Market Haunted by Ghost of Crisis Past.The article looks at the long-term impact of the global financial crisis on the leveraged-loan market.Wall Street Journal - Eastern EditionDenningLiam
A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history. Leveraged loans typically have higher interest rates.
There has also been a surge in repricing in the European leveraged loan market at the beginning of 2024—with repricing returning at a pace not seen since the start of 2020. Several borrowers are currently seeking to knock anywhere from 25bps to as much as 100 bps off existing margins, wit...
Fitch Ratings-Toronto/Monterrey/New York-31 July 2024: US leveraged loan (LL) and high yield (HY) bond default rates both fell in June, according to the latest Fitch Ratings U.S. Distressed and Default Monitor. The LL trailing-12-month (TTM) default rate ended June ...
GlobalCapital's Leveraged Finance service brings the latest news on the leveraged loan market. Find also leverage loan bookrunner rankings.
High interest rates weighed down on deals, precipitating a drop in leveraged loan issuance in 2023. However, there are reasons to be optimistic that deal activity will pick up in 2024As our latest leveraged finance report reveals, in 2023, financial sponsors grappled with one of the toughest ...
leveraged loan and debt markets within a highly linked financial system using a quantile‐based time‐varying connectedness framework to determine the hedging benefits of leveraged loans for financial investors at various quantiles. Based on daily closing price data from November 28, 2008 to October 3...
A credit downgrade wave has begun to hit the highflying $1.4 trillion U.S. leveraged loan market as the Federal Reserve’s rapid pace of interest rate hikes threatens companies hooked on cheap debt. Companies that don’t qualify as investment-grade, perhaps because of a large ...