After a challenging 2023, US and European leveraged loan issuance showed year-on-year gains in Q1 2024 as a more stable interest rate outlook encouraged borrowers and lenders to return to the market.
After a challenging...more
US leveraged loan and high yield bond markets saw significant declines in issuance in 2022, as macroeconomic and geopolitical uncertainty drove up borrowing costs, dampened risk appetite and significantly reduced M&A...more
2/8/2023
/ Acquisitions ,
Bond Markets ,
Borrowers ,
Financial Markets ,
High Yield Bonds ,
Inflation Adjustments ,
Interest Rates ,
Lenders ,
Leveraged Finance ,
Leveraged Loans ,
Mergers
After a year of red-hot moves in the tech sector, markets have cooled down in 2022, as inflation and rate hikes prompted many investors to prioritize investment in safe haven asset classes....more
Lenders and borrowers in US leveraged finance markets have had to recalibrate pricing and issuance volume expectations in 2022 in the face of rising inflation and interest rates....more
After a volatile and challenging year, US direct lenders moved into 2021 with reputations enhanced and teams strongly positioned to fund new deals. But we cannot discuss current direct lending in the US without casting a...more
8/6/2021
/ Coronavirus/COVID-19 ,
Debt ,
Debtors ,
Direct Lending ,
Fundraisers ,
High Yield Bonds ,
Investment ,
Investment Adviser ,
Lenders ,
Leveraged Loans ,
Liquidity ,
Private Equity
Dividend recapitalization activity plunged in the immediate aftermath of COVID-19 but, as markets recovered, investor appetite for recap deals swelled -
Leveraged loan and high yield bond issuance specifically intended...more