IFR Magazine - October 27, 2018

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(Additional reporting by Joy

Wiltermuth)

Source: LPC

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1Q054Q052Q064Q062Q074Q074Q092Q104Q102Q114Q112Q124Q122Q134Q132Q144Q142Q154Q152Q164Q162Q174Q172Q

Lehman

Collapse

Overall Cov-lite Vol % of Institutional Volume

% of institutional loan issuance Covenant-lite loan issuance $bn

COVENANT-LITE LOANS HAVE BECOME THE NORM, FAR SURPASSING

PRE-CRISIS PEAK LEVELS

Strong get stronger in equities  Calsonic gears up  Chinese banks’ Tier 2 call 

For daily news stories

@ visit http://www.ifre.com

FULL STEAM AHEAD
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