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Free Webinar/Replay from LCD: Global Leveraged Loan/CLO Market Analysis, Outlook

Leveraged Commentary & Data (LCD) will host a free webinar July 12. A panel of senior market commentators will highlight trends that have driven the global leveraged loan and CLO markets in the first half of 2017, as well as provide a look forward into the second half of the year.

excess loan demand

The webinar is geared to both novice and experienced market participants.

It will feature detailed market technicals, including new-issue yields, tightening CLO spreads, and new-money issuance. It will also outline broader market dynamics, such as the balance (or imbalance) between loan supply and investor demand and the influence of increasing PE/M&A activity.

You watch the webinar here (again, it’s free):

What: LCD Leveraged Finance Webinar

When: July 12, 2017 – 9:00 am EDT

The agenda:

Overview of Global Yields and How We Got Here: 

  • Persistent loan supply shortage leaves issuers in the driver’s seat
  • New-issue yields tighten to record lows in Europe and near record lows in the U.S.
  • Opportunistic activity dominates the loan market; will private equity M&A-driven supply return?

Europe’s Role: Uniqueness & Differentiators 

  • Liquidity pressures exacerbated by non-CLO investors
  • Covenant-lite takes hold
  • A comparison of sponsored and non-sponsored deal trends, including the bond to loan shift

Investors: How Are They Are Coping with Thin Spreads? 

  • Why tightening CLO spreads are still attractive compared to other asset classes
  • Why CLO equity remains popular
  • The broader interest rate perspective

Webinar participants, from LCD

  • Ruth Yang, Managing Director (Moderator)
  • Marina Lukatsky, Director-Research (US Loan Markets)
  • Taron Wade, Director (European Loan Markets)
  • Andrew Park, Senior Editor (CLOs)

LCD is an offering of S&P Global Market Intelligence.

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This story is taken from analysis which 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.

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