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Leveraged loans

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  • Wednesday, 18 May, 2022
    Peloton loan draws strong demand from private and public lenders

    Apollo and Blackstone are among participants in $750mn financing for connected fitness company

  • Monday, 9 May, 2022
    Inside BusinessSujeet Indap
    Should vulture investors be required to show ‘good faith’ with adversaries?

    Judge allows test case on issue in lawsuit against mattress maker Serta Simmons Bedding

  • Monday, 25 April, 2022
    LexPrivate equity
    Private equity: maturing sector is increasingly adding shadow leverage Premium content

    NAV lending is part of proliferating range of products that apply financial engineering to financial engineers

  • Tuesday, 12 April, 2022
    LexPrivate equity
    LBO finance: buyout groups push into lucrative private credit Premium content

    Banks no longer retain a monopoly on financing blockbuster leveraged buyouts

  • Saturday, 26 February, 2022
    On Wall StreetJoe Rennison
    Credit cycle turning as Ukraine war adds to inflation concerns

    Oil price surge and supply chain disruptions could add to pressure on rising prices

  • Monday, 14 February, 2022
    US banking regulators warn of risks in leveraged loan market

    Corporate debt piles swelled during the pandemic with credit extended even to riskiest borrowers

  • Thursday, 10 February, 2022
    European Central Bank
    ECB warns eurozone lenders over leveraged loan risk

    Chair of supervision says regulator will raise capital requirements if exposure is not reduced

  • Sunday, 6 February, 2022
    Credit Suisse Group AG
    Credit Suisse securitises yacht loans to oligarchs and tycoons

    Swiss bank used derivatives to offload risks from lending billions to its richest clients

  • Friday, 14 January, 2022
    Investors bet on loans as Fed readies to lift interest rates

    Weekly inflows hit highest level in five years on expectations of hawkish shift at US central bank

  • Thursday, 16 December, 2021
    US borrowers breach loan limit guidance at record pace

    Companies increasingly push their total debt above the recommended six times earnings

  • Tuesday, 30 November, 2021
    Markets InsightTal Reback
    Why US companies need to stop using Libor right now

    Risks of not shifting soon enough to new Sofr market benchmark are rising

  • Tuesday, 26 October, 2021
    Private equity
    Moody’s warns of ‘systemic risks’ in private credit industry

    Rating agency points to opacity and eroding standards among risk factors

  • Wednesday, 20 October, 2021
    Lex
    Corporate leverage: equity cushions are less comfy than they appear Premium content

    An intriguing measure that can be misleading

  • Tuesday, 19 October, 2021
    Lex
    Leveraged loans: investors are as responsible for CLO splurge as buyout groups Premium content

    A bumpy shift to a world with higher interest rates would leave many companies struggling

  • Monday, 13 September, 2021
    Libor transition
    Libor replacement reaches Wall Street’s leveraged loan market

    Loans to fund buyout of chicken producer Sanderson Farms will be pegged to new Sofr benchmark

  • Wednesday, 18 August, 2021
    FT CollectionsGreensill Capital
    Greensill loan sets up battle for control of US car start-up

    SoftBank vies for control of Santa Monica-based Fair with the leasing group’s founder

  • Wednesday, 7 July, 2021
    The FT ViewThe editorial board
    Private equity’s swoop on UK plc

    Scrutinising buyout tools rather than ownership is a better course

  • Friday, 2 July, 2021
    European banks
    ECB to crack down on dangerous risks in banks’ leveraged lending

    Central bank’s head of supervision Andrea Enria cites the heavy losses banks suffered in Archegos debacle

  • Monday, 14 June, 2021
    News in-depth
    CLOs draw in new support after showing resilience

    Hedge fund Diameter lines up 6 launches of loan-backed debt vehicles after $250m seed funding

  • Saturday, 8 May, 2021
    On Wall StreetJoe Rennison
    Is leverage still the best benchmark of credit risk?

    As global corporate debt rises, some analysts question the traditional measure of ability to repay

  • Wednesday, 31 March, 2021
    PE groups raise more than $20bn from loan investors to fund dividends

    Payouts through such deals reach record quarterly high after vigorous investor demand

  • Wednesday, 10 March, 2021
    US banks
    Banks adopt new debt terms to avoid repeat of Citi’s $900m payment mishap

    Moves come after US court ruled lender could not reclaim funds sent to Revlon creditors in error

  • Thursday, 11 February, 2021
    Big US loan fund stumbled in 2020 on airline and shale bets

    Crisis outflows helped strip away Lord Abbett fund’s status as largest in the sector

  • Tuesday, 2 February, 2021
    Cineworld Group PLC
    Cineworld backs down in dispute with lenders over interest bill

    Cinema group risked default in holding out over contested additional costs

  • Tuesday, 19 January, 2021
    Hellman & Friedman LLC
    Verisure taps frothy bond markets for €1.6bn private equity payout

    Swedish security group wraps up historic dividend recapitalisation deal

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