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Q2 2024 Leveraged Loan Market Overview

Fueling Unrelenting Demand: The Leveraged Loan Market Surges

In Q2'24 leveraged loan market activity reached record levels, though M&A volume remains light.

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Q1 2024 Leveraged Loan Market Update

Leveraged Loan Activity Soars

Macroeconomic conditions improved in Q1, creating a renewed sense of optimism for an economic soft landing in 2024.

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Q4 2023 Leveraged Loan Market Update

The Credit Market Stabilizes

The Fed's 'higher for longer' interest rate policy drove record returns for the leveraged loan asset class in 2023 yet kept M&A insurance at bay.

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Q3 2023 Leverage Loan Market Overview

The Credit Recovery Gains Momentum

Stabilizing market conditions and retreating recession fears in 3Q23 created a renewed sense of optimism allowing for deal making.

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Q2 2023 Leveraged Loan Market Overview

Let the Credit Recovery Begin

Higher for longer interest rates and increasing default rates lead leveraged finance headlines in 2Q23.

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July 19, 2023

Patrick McEnery joins ARC

Applied Risk Capital (“ARC”) today announced that Patrick McEnery has joined the firm as a Vice President to support origination and underwriting of credit solutions for ARC’s clients.

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June 12, 2023

Vadim Leonov joins ARC

Applied Risk Capital (“ARC”) today announced that Vadim Leonov has joined the firm as a Managing Director to support origination and underwriting of credit solutions for ARC’s clients.

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Q1 2023 Leveraged Loan Market Overview

The Market Recovery Continues

The leveraged loan market, as measured by secondary trading levels, showed an upswing in the fourth quarter of 2022.

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Q4 2022 Leveraged Finance Market Overview

Stabilizing market with an improving supply/demand outlook

Global leveraged finance issuance reached 12-year lows in 2022. Initially high expectations resulting from a record breaking 2021 and a strong January gave way to disappointment as geopolitical issues, supply chain delays, labor shortages, a European energy crisis and inflation fears caused unforeseen volatility and a weakening global economy.

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Q3 2022 Leveraged Finance Market Overview

Q3 2022 Leveraged Finance Market Overview

Global credit reached an inflection point in Q3 2022 as macroeconomic headwinds continue to build and impact the entirety of the leveraged loan market from ratings to pricing and returns.

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Q2 2022 Leveraged Finance Market Overview

Q2 2022 Leveraged Finance Market Overview

Negative macroeconomic and geopolitical factors continued in Q2 2022, affecting the entirety of the leveraged loan market from issuance volume to pricing and demand.

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Quaterly Update: Q1 2022

A strong start halted by uncertainty

FY2021 closed strongly in terms of both loan supply and demand, with $1.1 trillion of in new volume feeding hungry CLO’s and mutual funds. January saw a continuation of 2021 momentum.

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2021 Leveraged Finance Market Overview

2021 A stunning year: Flourishing supply and demand

The leveraged finance market flourished in 2021 as CLOs experienced a record-breaking year and loan issuance kept pace to fuel asset allocations.

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Credit markets broaden view of risk and portfolio diversification

By Ranjini Pillay & Andrew Shapiro

As global monetary policy tightens, corporate treasury teams should re-evaluate their risk management profile to reduce exposure.

treasuryandrisk.com →