Webinars

 

With soaring interest rates and investors weighing the possibility of a recession, the credit markets have slowed precipitously in 2023. Distress and defaults continue to rise, and market participants in the once full-speed-ahead private credit sector are taking a more deliberate approach to deals.

In our recent Q3 2023 US leveraged loan and private credit outlook webinar, LCD experts examined the trends that have defined these markets so far in 2023—and what lies ahead for the rest of the year.

Key topics

• Loan issuance is down across the board, especially in the highly lucrative M&A segment, prompting investors such as CLOs to scramble for assets
• Leveraged loan defaults are emerging at a pace not seen since the pandemic onset, with heavily indebted LBO borrowers now facing sharply steeper costs, due to rising rates
• Signs of stress have emerged as private credit—which still commands a large slice of the lending market—has not proven immune to challenging economic conditions

 

Download the presentation slides