Goldman's Minnis, Bantwal on Leveraged Loan Market

The video discusses the significant growth in the leveraged finance market, highlighting a 140% increase in issuance and substantial repricing activity. It explores capital flow trends, private equity's cautious approach due to high valuations, and investment opportunities in healthcare and technology. The energy sector's challenges and underperformance are analyzed, along with the prevalence of covenant-lite loans and their impact on investor risk appetite. Finally, the dynamics of the repricing market are examined, emphasizing the abundance of capital and investor decisions in a changing rate environment.

Which sectors are identified as having interesting opportunities, and what risks are associated with them?

What has been the performance of the energy sector compared to high yield overall?

How have investors' attitudes towards risk changed in the current market environment?