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
08 July 2019—
More Free News Leveraged loan fund withdrawal streak hits record 33 weeks, totaling $32B
02 July 2019—Jefferies and Davidson Kempner to invest in CLO equity of Par-Four
21 June 2019—Those $700B in US CLOs: Who holds them, what risk they pose?
21 June 2019—Investors withdraw $350M from US leveraged loan funds as streak hits 31 weeks
14 June 2019—After Neiman Marcus downgrade, U.S. leveraged loan default rate climbs to 1.24%
14 June 2019—Outflow streak hits 30 weeks as leveraged loan funds see $686M withdrawal
10 June 2019—Despite aging credit cycle, near-term spike in leveraged loan defaults unlikely
10 June 2019—European leveraged loan returns stall in May, though best high yield, equities
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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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