Assessing Whether Leveraged Loans and CLOs Pose a Systemic Risk
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…
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Leveraged Loans Continue Path Toward Becoming IOUs
In this article, we discuss certain new terms and mechanics being seen in sponsored, private credit agreements reviewed by Reorg Covenants Prime and briefly review…
2019 Leveraged Loans: Hot or Not?
Headlines notwithstanding, it doesn’t seem like the U.S. leveraged loan market is that hot. Admittedly, S&P/LCD says lending picked up 15% between second and third…
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