Press releases

What to Watch (11/25/19)

  • Investors withdrew US$446.8m from loan funds. It was the ninth consecutive week of outflows for loan funds.
  • There has been north of US$105bn green and sustainability linked loan volume. An additional US$162bn has come through the bond market.
  • The US leveraged loan market has hinted at a modest recalibration of the pipeline as a flurry of repricings are announced. Higher-quality credits in the BB range have been the beneficiaries of the renewed investor sentiment.
  • Since February, the leveraged loan universe has outpaced the high yield market, ending October at US$1.182trn, 3% larger than high yield outstandings of US$1.153trn.
  • After exploding to a record level of US$113bn in 2018, oil and gas leveraged lending is just at US$44.5bn so far this year. Check out next week’s Gold Sheets for the full report.

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