What is a Leveraged Loan?
A leveraged loan is a debt instrument undertaken by speculative-grade issuers, arranged by one or more investment banks and sold largely to institutional investors. See more in LCD's free Loan Primer and our quarterly almanac detailing market trends.
LCD News & Analysis
18 December 2020—
2021 Leveraged Loan Survey: Defaults edge higher; credit quality a concern
17 December 2020—2021 outlook: European CLO managers upbeat, but asset sourcing a concern
16 December 2020—In COVID-era test, private credit proves its mettle vs. leveraged loan market
14 December 2020—2021 Outlook: European distressed debt levels may rise as support measures ease
11 December 2020—European leveraged loan participants eye 2021 LBO surge, once markets stabilize
10 December 2020—Covenant relief for leveraged loans slows in November, but records set in 2020
2 December 2020—Leveraged loan issuer earnings pull out of Q2 nosedive; overall leverage eases
1 December 2020—Deep Dive update: Daily cash burn at US airlines slows despite uncertain market
1 December 2020—Blemish-free November trims US leveraged loan default rate to 3.89%
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LCD News & Insights
With real-time news and proprietary analytics, LCD provides actionable news and technicals for the U.S. and European leveraged loan, high-yield bond, distressed, and investment-grade corporate markets. Plug into the leveraged finance space with some of our complimentary stories on originations, downgrades, and other market-level trends.
Our Leveraged Loan Primer details the leveraged loan market mechanics and historical trends
What is a leveraged loan? Our free, digital Leveraged Loan Primer is the definitive guide to all leveraged loan markets and the industry at large. It covers everything from leveraged loan purposes, types of syndications, how a loan is priced, types of loan facilities, LBOs, M&A, loan derivatives, pricing terms/rates, and everything in between.
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