Covenant-Lite Outstandings Grow As Investor Market Clamors For Loan Assets |
| May 29, 2013 | May 2013 Bond Updates |
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As cash-rich institutional investors continue to flock to the leveraged loan asset class, issuer-friendly covenant-lite deals comprise an ever-growing share of loan outstandings, which now tops 35%, according to LCD, an S&P Capital IQ unit. It's no wonder cov-lite outstandings are piling up. Year to date, 56% of new -issue leveraged |
| View more at: http://www.forbes.com/sites/spleverage/2013/05/29/covenant-lite-outstandings-grow-as-investor-market-clamors-for-loan-assets/ |
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