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Abby Latour

Editorial Lead

Abby currently writes about middle-market loans and private credit for LCD. She started at LCD in 2004, writing about high-yield bonds, later turning her attention to distressed debt during the credit crisis. From 2009 to 2013, she wrote about Asia-Pacific credit markets for LCD, while based in Hong Kong. Prior to S&P Global, she was with Reuters, first as a correspondent in the Nordic region and then as a copy editor based in London.

Articles by Abby Latour

Q4 US Private Credit Wrap: Optimism returns after election sidelines dealmakers

Lenders are cheering a growing pipeline of LBO activity.
December 19, 2024

2025 US Private Credit Outlook: More M&A, larger lenders, bigger market

As investors pile into the market, returns and sourcing quality assets are in focus for next year.
December 17, 2024

PitchBook LCD Private Credit Survey: Borrowing spreads to tighten, deal structures to loosen

Respondents to the survey were a mix of credit providers, banks, private equity shops, advisory firms and other market participants from the US and Europe.
November 21, 2024

Private credit recoveries in focus

Pluralsight, the private credit borrower now owned by lenders, will offer an important datapoint.
November 13, 2024

Private credit default rate rises in Q3 on YoY basis – Proskauer

The default rate on loans to core middle market companies rose to 3.0% in Q3 2024, from 2.5% in Q3 2023.
October 24, 2024

Kymera nets B3 rating to reflect leverage, M&A

Private credit loans are not normally rated, but the Kymera rating by Moody’s offers insight into what lenders were willing to provide the borrower in this case.
October 17, 2024

Private credit continues to evolve, disrupt the lending landscape

Private credit lenders have been picking up a number of riskier, lower-rated deals, including some refinancings of broadly syndicated loans.
October 2, 2024

More zombies, less info: Study warns about consequences of private credit growth

Private credit lenders may be incentivized to not recognize losses in troubled borrowers, making “zombie firms” more common, the article said.
July 17, 2024

Q2 US Private Credit Wrap: Lenders strengthen defenses against refi, repricing wave

Private credit lenders made concessions on spreads to fight the migration of deals to the syndicated loan market.
July 1, 2024

Opportunity knocks: Leveraged loan dividend deals take flight

As exits remain elusive, the dividend trend is also moving down market, involving smaller deals, enabled by private credit providers.
June 14, 2024