Leveraged Lending Is Rising, But Bank Exposure Is Limited
The rapid growth is attributable largely to nonbanks. Should this group of loans start underperforming, the risk to the banking sector is relatively low.
Browsing: Syndicated credit
Libor Transition Panel Recommends Fallback Language for Key Instruments
The Alternative Reference Rates Committee today issued its fallback language recommendations for floating rate notes and syndicated business loans that reference the U.S. dollar London Interbank Offer Rate.
Fed Sounds Alarm on Looser Leveraged Loan Terms
A Federal Reserve official today sounded a warning about “material loosening” of terms, as well as insufficient risk management, in the leveraged loan sector.
Troubled Energy Market Drives Abnormally High Risk in Syndicated Credit
Credit risk in large, syndicated loans of more than $20 million remains high for this phase of an economic expansion, according to the interagency Shared National Credits Review released today.
Agencies: Syndicated Credit Risk Remains Elevated
Credit risk in large, syndicated loans of more than $20 million remains high, according to the interagency Shared National Credits Review released yesterday.