leveraged loans Archives - CFO

Debt-to-Equity Ratio Down 34 Percentage Points from Pandemic High

Capital Markets

Debt-to-Equity Ratio Down 34 Percentage Points from Pandemic High

Debt-to-equity and interest coverage metrics for high-yield companies belie the trouble brewing in credit markets.

By Vincent Ryan | October 12, 2022

Regulators Find “High Level” of Risk in Syndicated Loans

Regulators Find “High Level” of Risk in Syndicated Loans

Leveraged loans and loans to oil & gas companies continue to represent a large percentage of the problem credits.

By Vincent Ryan | August 2, 2017

Key Libor Rate Tops 1% for First Time in 7 Years

Key Libor Rate Tops 1% for First Time in 7 Years

The benchmark rate for $350 trillion worth of financial products worldwide has risen nearly 0.40 percentage point over the past year.

By Matthew Heller | January 4, 2017

Symantec Agrees to Accept $1B Less for Veritas

Symantec Agrees to Accept $1B Less for Veritas

The new agreement will boost the equity portion of the deal to 40% from 33%.

By Matthew Heller | January 21, 2016

One-Third of Leveraged Loans Structurally Weak

One-Third of Leveraged Loans Structurally Weak

But the Shared National Credits Review also found “improved compliance” with federal leveraged lending guidelines in the second half of this year.

By Matthew Heller | November 6, 2015

China Corporate Debt Growth Seen as High Risk

China Corporate Debt Growth Seen as High Risk

S&P estimates that China's corporate debt pile, now at 160% of GDP, will climb 77% to $28.8 trillion over the next five years.

By Matthew Heller | July 21, 2015

Easing Street

Bank's credit underwriting standards loosened considerably in 2014, especially among commercial loan products, says the OCC.

By Vincent Ryan | December 17, 2014

Wilting Demand May Hit Leveraged Loan Market

Wilting Demand May Hit Leveraged Loan Market

Continued outflows from mutual funds and a slowdown in CLO issuance could pose a problem for issuers in 2015.

By Vincent Ryan | November 13, 2014

Leveraged Loan Underwriting Has “Serious Deficiencies”

Leveraged Loan Underwriting Has “Serious Deficiencies”

Leveraged loans show evidence of "risk management weaknesses," including dated valuations and poor credit analysis, regulators said in an annual review.

By Vincent Ryan | November 10, 2014

Credit Suisse Gets Fed Warning About Leveraged Loans

Credit Suisse Gets Fed Warning About Leveraged Loans

The bank's underwriting and sale of leveraged loans may not be in compliance with regulatory guidance issued just last year.

By Matthew Heller | September 17, 2014

Two-Thirds of Leveraged Issues Lack Lender Protections

Two-Thirds of Leveraged Issues Lack Lender Protections

Most new leveraged loans are covenant-lite and carry ratings well-below investment grade from Standard & Poor's.

By Iris Dorbian | July 14, 2014

Investors Demanding Higher Yields on Junk-Rated Loans

Investors Demanding Higher Yields on Junk-Rated Loans

Loan issuers with risky or large deals are having to bump up spreads and increase discounts to clear the market.

By Vincent Ryan | May 6, 2014