content

European Leveraged Loans Gain 0.38% in July

european leveraged loan returns

It has been status quo for European loan returns in July, as the S&P European Leveraged Loan Index (ELLI) gained 0.38%, slightly above 0.33% in June (excluding currency fluctuations).

European loans have been positive in 12 out of the last 13 months but the degree of gains has moderated this year. In the second half of last year, ELLI advanced by an average of 0.62% per month and so far in 2017, this has fallen to 0.43%, just below the historical average of 0.47% back to the start of 2010.

YTD, European leveraged loans have gained 3.02%.

Try LCD for Free! News, analysis, data

Follow LCD News on Twitter.

This story first appeared on www.lcdcomps.com, 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.

Leave a Reply

Comments are moderated and will not appear until the admin has approved them.