The definitive guide to the leveraged loan market

A leveraged loan is a debt instrument undertaken by speculative-grade issuers, arranged by one or more investment banks, and sold largely to institutional investors. See more in our free Leveraged Loan Primer and our quarterly almanac detailing market trends.

PitchBook | LCD news & analysis

News from the leveraged loan markets—as well as the high-yield bond, direct lending, distressed debt, and bankruptcy sectors—produced by our own team of experienced journalists and analysts.

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Leveraged Loan Trends
Leveraged Loan Volume (US)
LL C1 leveraged loan volume ($B).png
New-issue Clearing Yields
LL C2 New-issue clearing yield of large leveraged loans (1).png
Weighted Average Bid
LL C3 Weighted average bid of US leveraged loans.png
Leveraged Loan Defaults
LL C4 US leveraged loan defaults_ trailing 12-month count (3).png
LL C1 leveraged loan volume ($B).png
LL C2 New-issue clearing yield of large leveraged loans (1).png
LL C3 Weighted average bid of US leveraged loans.png
LL C4 US leveraged loan defaults_ trailing 12-month count (3).png

PitchBook | LCD news & insights

With breaking news and proprietary analytics, PitchBook | LCD provides news and technicals for the US and European loans, bonds, and private debt markets. Plug into the leveraged finance space with some of our complimentary stories on originations, downgrades, and other market-level trends.

Our Leveraged Loan Primer details the leveraged loan market

What is a leveraged loan? Our free, digital Leveraged Loan Primer is the definitive guide to the global leveraged loan market and the industry at large. It covers everything from leveraged loan purposes, types of syndications, how a loan is priced, types of loan facilities, leveraged buyouts (LBOs), M&A, loan derivatives, pricing terms/rates, and everything in between.

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