Author's Profile

Rachelle Kakouris

Director, EMEA Credit Research

Rachelle Kakouris covers the US leveraged finance markets with a focus on stressed and distressed credits. Before joining LCD, Kakouris was a reporter for Reuters and IFR on the US high-yield corporate bond market in New York. Prior to that, she covered sovereign and covered bonds as a markets reporter for IFR Magazine and IFR Markets in London during the height of the financial crisis.

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Articles by Rachelle Kakouris

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
October 19, 2023

Amid investor caution, expensive cost of debt, LBO equity contributions top 50%

The rise in equity contributions underscores the impact of high borrowing costs that are eroding interest coverage and fueling concerns about balance sheets.
October 17, 2023

After rate hikes, secondary market rally, leveraged loans primed for repricing

The first vintage of leveraged loans issued during the Federal Reserve’s rapid-fire pace of rate hikes are nearing or are out of their call periods.
October 15, 2023

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
October 12, 2023

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
October 5, 2023

In first blemish-free month of 2023, US leveraged loan default rate falls to 1.27%

Despite the drop, the default rate in the $1.4 trillion asset class is expected to rise over the next 12 months, market professionals say.
October 2, 2023

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
September 28, 2023

Q3 2023 US Leveraged Finance Survey: Funds continue to favor private credit

LCD asked a roster of buyside, sellside and advisory accounts for their view on what to expect going forward on a number of leveraged finance topics, including private credit.
September 28, 2023

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
September 21, 2023

Global Distressed Credit Weekly Wrap

The Global Distressed Credit Weekly Wrap provides a comprehensive summary of the latest news for leveraged loans and high-yield bonds, and a rundown of courtroom bankruptcy activity.
September 14, 2023