The secondary loan market returned to the black as heightened investor demand pushed CLO formation to record levels in August. The S&P LSTA Leveraged Loan Index (LLI) returned 0.47% in August, after July registered the first negative return reading of 2021, albeit a mere -0.01%.


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Playing SOFR-doku

October 14, 2021 - This week, we saw ARRC exhortations to move off LIBOR, more SOFR loans emerge and extensive price discovery around the SOFR…