Secondary Market Monthly - December 2022 Executive Summary conv 1

After rallying across most of the fourth quarter of 2022, loan prices in the secondary market were unable to maintain their positive momentum in December. While the Morningstar/LSTA Leveraged Loan Index (LLI) did in fact produce a positive 0.44% total return in December, it was solely interest rate driven as prices declined 0.3%.


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Are Lenders Being Compensated for LMT Risk?

October 2, 2023 - At next week’s LSTA Annual Conference, Meredith Coffey (LSTA), David Lerner (Shenkman Capital), Steve Miller (Fitch Solutions), Mike Nechamkin (Octagon) and…