Cov-Lite Breaking Record (LCD News)

September 23, 2019 | File Under: Cov-Lite, Distressed, High Yield

A new record: 79.6% of the $1.8 trillion in US #leveragedloan outstandings is cov-lite. That's about $940B. The bulk of that ls riskier debt, from issuers rated B and B- pic.twitter.com/cwjDI9sUvR

— Leveraged Loans (@lcdnews) September 20, 2019