Helping guide the global syndicated loan market

Thomson Reuters LPC is the premier global provider of information on the syndicated loan and high yield bond markets. Our first-to-the-market news, comprehensive real-time and historic data helps industry players stay informed about market trends and facilitate trading and investment decisions.

From offices in New York, London, Hong Kong, Sydney and Tokyo we are the one source for comprehensive coverage of the syndicated loan markets worldwide.

Our publications, online news, analysis, valuation services and interactive databases are used every day by banks, asset managers, law firms, regulators, corporations and others to drive valuation, syndication, trading, and research and portfolio management activities.

LPC Updates

Sign up for updates

Get LPC Updates by providing a valid* email address:

5 Things to Know (11/23/15)

  • Banks are set to take significant losses on a big part of a US$14bn pipeline of leveraged buyout loans for US companies after a US$5.6bn debt financing for Veritas was pulled and another loan for Belk struggles.
  • Thomson Reuters LPC’s Loan Market Scorecard provides a snapshot of key statistics in the leveraged loan and high yield bond markets.
  • The size of the US institutional leveraged loan market has grown by 69% since the start of 2010 driven by borrowers taking advantage of near zero interest rates to issue a record amount of debt.
  • BDCs are a step closer to being able to lend more to small businesses, after the US House Financial Services Committee this month passed a bill modernizing BDC regulation.
  • The term loans of US companies missing Wall Street expectations in the third quarter earnings season are being hit hard in the secondary market.

More syndicated loan coverage on LoanConnector.

What to Watch (11/23/15)

  • US syndicated loan issuance is US$1.69tn so far this year, down 6% from the US$1.8tn recorded in the same period last year. Issuance is being dragged down by leveraged lending.
  • Completed buyout loan volume has reached just US66.5bn, a far cry from the record level of US $207bn in 2007. Even with US$14.1bn still in the pipeline, volume is tracking to be lower than the US$95bn closed in 2014.
  • Retail investors withdrew US$306.2m from bank loan mutual funds, the 17th straight week of withdrawals, while pulling US$1.357bn from high-yield bond funds in the week ending Nov 18.
  • 4Q15 middle market volume is tracking to be one of the lightest fourth quarters in five years. Middle market leveraged buyout volume is solid, already exceeding US$4.2bn in 4Q15..

More syndicated loan coverage in Gold Sheets