latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/leveraged-loan-news/us-leveraged-loan-default-rate-dips-2-12 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

US Leveraged Loan Default Rate Dips to 2.12%

Leveraged Loan Fund Assets Shrink Anew As Retail Investors Eye High Yield

Video: CLOs feel pinch from lumpy loan supply

Retail investors withdraw $2.57B from US high yield bond funds

Despite investor appetite, April European leveraged loan issuance slumps to €2.5B


US Leveraged Loan Default Rate Dips to 2.12%

US leveraged loan default rate

Despite a fresh default from energy services company Proserv Group, the default rate of the S&P/LSTA Leveraged Loan Index slipped for a second consecutive month, closing out May at 2.12%.

The rate by principal amount is down from 2.37% at the end of April, reflecting the fact that three issuers dropped off the 12-month rolling calculation. Without Proserv, the default rate would be 2.09%.

The default rate has eased from a three-year high of 2.42% in April, but remains significantly higher than the 18-month low of 1.36% at the end of July 2017. – Rachelle Kakouris

Try LCD for Free! News, analysis, data

Follow LCD on Twitter.

LCD comps is an offering of S&P Global Market Intelligence. LCD’s subscription site offers complete news, analysis and data covering the global leveraged loan and high yield bond markets. You can learn more about LCD here.