Listen "Leveraged loan warning signs"
Episode Synopsis
In the first episode of Season 7, we take a look at the clouds gathering in the US and European leveraged loan markets. In the US market, we discuss sector-specific stress (3:00), our restructuring watch list (4:52), the near-term maturity wall (6:30), the CLO market (9:11), and secondary market gains in 2023 (10:35). We then discuss the European market (11:34), looking at the maturity wall (11:59), loan issuance (13:10), our loan market survey (14:30), and the credit quality of loans in the European Leveraged Loan Index (21:07). Our research analysts cap the episode with key indicators to track going forward (24:00).Additional resourcesPitchBook/LCD webinar: 2022 US leveraged loan and private credit market analysis and 2023 outlookLCD US Leveraged Finance Survey infographicLCD European Leveraged Finance Survey infographic2023 US Leveraged Finance Survey: Stress may be less severe, but longer-lastingUS high-yield distressed ranks soar in 2022, highlighting evolving market stressCredit quality declines for European leveraged loans amid ratings shift
More episodes of the podcast In Visible Capital with PitchBook
The venture debt playbook
15/11/2022
Seed's silver linings
10/11/2022
Venture's gravity check
08/11/2022
A new life for downside protection
01/11/2022
VC's New York story
25/10/2022
From science fiction to science fact
18/10/2022
VCs dust off their term sheets
11/10/2022
The new PE behavioral health play
29/03/2022
M&A in a time of change
22/03/2022
PE's public market play
15/03/2022
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.