LCD’s video analysis detailing the US leveraged loan market during May is now on YouTube.
Loan prices rebounded during the month after April’s mini correction, a result of strong CLO issuance and slowing volume.
Looking to the summer, most players think the market will remain largely CLO-driven, with retail a slight drag on demand. Loan supply, meanwhile, is roundly expected to be lackluster. Though the M&A loan calendar remains within the recent range, some transactions are not expected to launch until the fall, and there are few blockbuster executions in the mix.
This month LCD looks at:
- Average Bid of S&P/LSTA Loan Index
- S&P/LSTA Index Loans Outstanding
- Visible inflows
- Average New-Issue Clearing Yields of First-Lien Loans
- Loan Default Rate
- M&A Institutional Loan Forward Calendar
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If you’d like to embed any LCD video on a web page or in other digital media, it’s simple via the “embed” button on the YouTube page for the video. You can also embed the slides via Slideshare.