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

European Leveraged Loan Index Monthly Wrap

The European Leveraged Loan Index Monthly Wrap captures the dynamics of both the primary and secondary leveraged loan markets. Commentary and data include detailed analysis of Morningstar European Leveraged Loan Index returns and pricing trends. Topics discussed include Institutional loan issuance, maturity wall breakdowns, market supply/demand dynamics and returns by sector and asset class.
May 8, 2026

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.
May 1, 2026

European Leveraged Loan Default Monitor

The European Leveraged Loan Default Monitor provides a high-level view of default and distressed activity among companies in the Morningstar European Leveraged Loan Index. Topics covered include default rates capturing payment defaults and liability management exercises, and forward indictors from distress ratios to downgrade activity.
April 27, 2026

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.
April 24, 2026

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.
April 17, 2026

Distressed volume of software sector leveraged loans swells amid AI disruption

Distressed volume grew 25% in March alone even as average bid prices in the software sector edged modestly higher, signaling deteriorating support for stressed credits.
April 17, 2026

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.
April 10, 2026

European Leveraged Loan Index Monthly Wrap

The European Leveraged Loan Index Monthly Wrap captures the dynamics of both the primary and secondary leveraged loan markets. Commentary and data include detailed analysis of Morningstar European Leveraged Loan Index returns and pricing trends. Topics discussed include Institutional loan issuance, maturity wall breakdowns, market supply/demand dynamics and returns by sector and asset class.
April 10, 2026

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.
April 2, 2026

US Credit Markets Quarterly Wrap

The US Credit Markets Quarterly Wrap summarizes the dynamics of the US leveraged finance markets, featuring extensive commentary and data on loans, bonds and private credit.
April 1, 2026