Data & Analysis

Leverage the analysis we continuously aggregate from our members, coupled with our industry insights. We share a wide range of high-quality data and analysis, including 360-degree quantitative insights into the loan market’s performance and growth through trade data, settlement time statistics for par and distressed trades, shift dates, and more.

Level 1

LSTA University Level 1
  • Intro to Syndicated Loans

    A primer brought to you by S & P Global that dissects all aspects of syndicated loans.

  • Intro to the Market & Mechanics of Syndicated Loans

    Syndicated Loans: The Market and the Mechanics, a primer created for the Loan Market participant.

  • Investing in U.S. Senior Secured Institutional Term Loans

    The U.S. senior secured institutional term loan asset class provides a number of benefits to investors, including a floating-rate coupon, a large and liquid market, lower credit and interest-rate risk than high-yield bonds, and many ways to gain exposure.

  • Understanding the U.S. Senior Secured Loan Market

    Investors in loans like their short duration, high position in the capital structure and their floating-rate attribute that has resulted in better returns than other fixed income instruments. LSTA Executive Director Bram Smith met with four leading loan market participants to discuss the current state of the market, the issues it faces, and how senior loans can enhance institutional portfolios.

Level 2

LSTA University Level 2
  • Secondary Trading & Settlement Monthly: 2019 Executive Summary

    After recording consecutive record highs during the fourth quarter of last year ($211 billion) and again during the first quarter of this year ($212 billion), secondary loan trading volumes decreased 10% in the second quarter, to $191 billion, according to the Secondary Trading & Settlement Monthly 2019 Executive Summary.

  • LSTA Secondary Market Monthly: December Executive Summary

    ll is well that ended well in the fourth quarter. Following its worst monthly print this year (-0.45% in October) the S&P/LSTA Leveraged Loan Index (LLI) produced a risk-on driven 0.6% November return and an eight-month best 1.1% return in December, according to the Secondary Market Monthly December Executive Summary.

Level 3

LSTA University Level 3
  • Senior Loans: A Closer Look

    Over the past three decades, the senior loan market has grown  from relatively modest beginnings into an essential element of corporate finance, playing a core-plus role in institutional fixed-income allocations.  In 2018, the S&P/LSTA Leveraged Loan Index, an indicator of market size, surpassed $1 trillion in outstandings.

  • LSTA Secondary Trade Settlement Study: Fourth Quarter 2019

    This presentation is for the Fourth Quarter 2019 LSTA Secondary Trading & Settlement Study.  Presented by Ted Basta, LSTA EVP –Analysis & Investor Strategy.

Our Partners

cusip-global-services-vector-logo.svgFitch Group logoRefinitiv-(March-2019)SP-Global-Market-Intelligence

Search Results by Relevancy

LSTA Newsletter – February 14, 2020

This week, we start off talking about how “loans as securities” might morph into “loans as direct loans”. On a related(ish) note, we also discuss direct lending trends. We dig into LBO trends, looking at now (2019) and then (2007). And, finally, we ponder the evolution to SOFR (and, specifically, cash spread adjustments).

LBOs: Less Leverage? More Flex!

An eternal question is “How do the current crop of leveraged loans compare to the 2007 vintage?” Today we have an answer. Covenant Review recently compared recent jumbo LBOs to their pre-crisis counterparts

Quarterly Bankruptcy Roundup

This week Rich Levin of Jenner & Block once again presented his quarterly review of recent court decisions of interest and importance to the lending and bankruptcy world.

LIBOR & SOFR: Spread Adjustments

Folks that know LIBOR is likely to end soon after December 2021 probably also know that SOFR, the likely replacement for USD loans, is a different kind of rate. While LIBOR theoretically includes an element of bank credit risk, SOFR is an overnight risk free rate.

Direct Loans: A Look Into The Future?

We’ve been closely following a case, Kirschner v. JP Morgan, which raises the issue of whether broadly syndicated term loans (“BSLs”) are subject to the securities laws.