A new record: 79.6% of the $1.8 trillion in US #leveragedloan outstandings is cov-lite. That's about $940B. The bulk of that ls riskier debt, from issuers rated B and B- pic.twitter.com/cwjDI9sUvR — Leveraged Loans (@lcdnews) September 20, 2019
A new record: 79.6% of the $1.8 trillion in US #leveragedloan outstandings is cov-lite. That's about $940B. The bulk of that ls riskier debt, from issuers rated B and B- pic.twitter.com/cwjDI9sUvR — Leveraged Loans (@lcdnews) September 20, 2019
“Recovery rates likely lower in Europe but widely dispersed. Focus on absence of maintenance tests is ‘simplistic’” – by Ruth McGavin