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

US leveraged loan default rate dips to 0.58%, a 9-year low

The rate crashed below 1% after six straight default-free months. The historical average default rate is 2.9%.
August 2, 2021

Leveraged loan market upgrades outpace downgrades at fastest rate since 2012

Favorable funding conditions for lower-rated companies and a strengthening US economy have facilitated the return of favorable ratings actions.
May 10, 2021