Comparing Leveraged Loans in Syndicated and Private Markets

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Exploring the similarities and differences between broadly syndicated loans and private credit markets, focusing on aspects like pricing, covenants, default rates, and recovery rates. The discussion dives into the factors driving spread compression, risk-taking behaviors, and the impact on borrowers in both markets. Insight is also provided on the transition from syndicated loans to private credit, highlighting shifting market dynamics and supply-demand dynamics.

This week on The Primary View, Columbia Threadneedle’s Stanton Ray, head of the US loan platform and senior portfolio manager, and Mary Shaifer, head of CLO business development, join Reorg’s Hugh Minch to discuss the trends impacting private credit and leveraged loans, as well as similarities and differences between the two asset classes amid rapid spread compression. And, as always, we also bring you our weekly summary of interesting developments in the restructuring world as well as a preview of what’s on tap for this week. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars, visit reorg.com/resources/events-and-webinars/ Sign up for our weekly newsletter, Reorg on the Record: reorg.com/resources/reorg-on-the-record