Based on a universe of 160 business development companies, Octus identified a total of $5.99 billion of debt (at cost) in nonaccrual status in the second quarter of 2025
Panelists discussed this year’s volatile market conditions and the shifting economic outlook, with a focus on the broadly syndicated loan (BSL) market.
Carlyle Group is marketing a new European CLO with an unusual structure that allows the manager to pay themselves fees before conducting a test that could force them to use interest to repay bondholders.
We are pleased to share our Winter 2025 edition of Loans Magazine. This Issue offers key updates on market trends as well as policy and legal developments....
In this whitepaper, the LSTA reviews the official sector’s definitions of systemic risk, characteristics of systemic risk and transmission channels for systemic risk. We analyze leveraged loans and CLOs’ characteristics to demonstrate why they do not post a systemic risk to the U.S. financial system. ...
This guide is intended for company executives globally (and indirectly their fiscal sponsors, direct lenders, and other debt-holders) looking for brief background and practical guidance for measuring and reporting greenhouse gas (GHG) emissions.
The syndicated loan market can finally breathe a collective sigh of relief. On August 24th, in a unanimous decision, the United States Circuit Court of Appeals for the Second Circuit (the “Court”) affirmed the ruling by the District Court for the Southern District of New York (SDNY) in Kirschner v. JPM that a syndicated term...