Global Leveraged Finance: Market View
This page offers Moody’s insights into leveraged loans and high yield bonds. It highlights proprietary indicators that assess current and projected credit risk and defaults, our view on spec-grade liquidity health, covenants and refunding risk.
  • SUMMARY
  • REPORTS
  • ORGANIZATIONS
  • RATINGS & ASSESSMENTS

  • Outlook
    17 Nov 2022|Moody's Investors Service
    Issuance volumes of high-yield bonds and leveraged loans will be higher in 2023 compared with this year, which is set to be the weakest since the 2008 global financial crisis. 

    Sector in-depth
    08 Nov 2022|Moody's Investors Service
    Most private-equity-owned companies rated using our corporate finance methodologies are exposed to governance attributes that carry highly negative credit risk. 

    31 Oct 2022|Moody's Investors Service
     Prior access to liquidity ameliorated near-term risks but we don’t expect liquidity cushions to last.

    Sector in-depth
    10 Oct 2022|Moody's Investors Service
    We expect more out-of-court debt restructurings and other forms of liability management, a hallmark of private equity-owned companies when credit conditions deteriorate. 

    03 Oct 2022|Moody's Investors Service
    The liquidity fallout from sharply lower new issuance is affecting regions unevenly, with APAC already hit by record defaults and the US and EMEA now bracing for an increasing number of defaults.

    Infographic
    23 Sep 2022|Moody's Investors Service
    As global liquidity tide goes out, risks are rising for leveraged companies

    15 Sep 2022|Moody's Investors Service
    Sandra Veseli of the Corporates team explains how credit risks are rising for highly leveraged speculative-grade companies as market and economic conditions deteriorate.
    US - KEY RISK INDICATORS
    View All
    20 Oct 2022
    |
    Moody's Investors Service
    .
    EMEA - KEY RISK INDICATORS
    View All
    29 Jul 2022
    |
    Moody's Investors Service
    .
    APAC - KEY RISK INDICATORS
    View All
    21 Apr 2022
    |
    SECTOR IN-DEPTH
    |
    Moody's Investors Service
    .

    KEY CONTACTS
    Christina Padgett (NORAM)
    Associate Managing Director – Corporate Finance
    [email protected]
    Sandra Veseli (EMEA)
    Managing Director – Corporate Finance
    [email protected]
    Annalisa Di Chiara (APAC)
    Senior Vice President – Corporate Finance
    [email protected]
    Marcos Schmidt (LATAM)
    Associate Managing Director – Corporate Finance
    [email protected]