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
14 February 2020—
Ranks Of Leveraged Loan "Weakest Links" Hit Record As Credit Downgrades Mount
03 February 2020—Free Webinar: 2019 Global High Yield Analysis, 2020 Economic Outlook
16 January 2020—Video analysis: Record CLO issuance highlights 2019 European leveraged loan mart
10 December 2019—US leveraged loan default rate hits 9-month high as market distress rises
04 December 2019—Riskier European corporates lock in record-low cost of debt
20 November 2019—European leveraged loan issuance booms despite growing market bifurcation
15 November 2019—LBO purchase price multiples hit record high as PE shops dig deeper for equity
01 November 2019—As leveraged loan downgrades mount, CLOs cast wary eye on triple-C limits
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Our Leveraged Loan Primer details the leveraged loan market mechanics and historical trends
What is a leveraged loan? Our free, online Leveraged Loan Primer is the definitive guide to leveraged loan markets and the industry. We cover everything from leveraged loan purposes, types of syndications, pricing a loan, types of loan facilities, LBOs, M&A, loan derivatives, pricing terms/rates, and everything in between.
LCD News and Insights
With real-time news and proprietary analytics, LCD provides current and accurate news and technicals for both the U.S. and European credit markets: leveraged loans, high yield, and high grade. Covering originations, breaks, secondary returns and distressed debt, from the large syndicated through the middle market.
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