Blackstone's Refinitiv Feeds Strong Appetite for Leveraged Loans

The video discusses the current state of the leveraged loan market, highlighting its massive demand and the factors driving it, such as US economic growth and rising interest rates. It explores the stability of credit quality in the corporate sector and the attractiveness of leveraged loans due to their seniority in the capital structure. The video also addresses structural changes in the market, including the rise of 'covenant-lite' loans and their implications. It emphasizes the importance of understanding the capital structure and the need for a bottom-up approach when investing in leveraged loans. Finally, it compares leveraged loans with high-yield bonds, considering growth prospects and investment strategies.

What role does company-specific analysis play in investing in leveraged loans?

What considerations should investors keep in mind when evaluating leveraged loans?

How do high yield bonds compare to leveraged loans in the current market?