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Street Talk Episode 30 - Eyebrows Raised As Leveraged Loans, Cov-Lite Deals Hit Record Levels

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Listen: Street Talk Episode 30 - Eyebrows Raised As Leveraged Loans, Cov-Lite Deals Hit Record Levels

The leveraged loan market has ballooned to record levels and the concentration of covenant-lite deals has grown in kind, leaving investors with less protection if loans move into default. Tim Cross, managing editor LCD news, and Marina Lukatsky, director of LCD research, discuss the current state of the market and why they aren't sounding an alarm yet.

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