![In Visible Capital with PitchBook artwork](https://is3-ssl.mzstatic.com/image/thumb/Podcasts113/v4/97/4c/2b/974c2baa-71f3-1b15-804f-e79f14fb8f56/mza_16144252152013332691.jpg/100x100bb.jpg)
Leveraged loan warning signs
In Visible Capital with PitchBook
English - January 27, 2023 10:00 - 28 minutes - 26.1 MBInvesting Business News Business News capital m&a alternative assets investing debt emerging technologies emerging technology pitchbook wellnesstech esg Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The venture debt playbook
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