The current high level of interest rates will increase default rates of leveraged companies. For more than two decades, American companies benefitted significantly from a relatively benign interest ...
Student loan debt makes up more than 9% of total consumer debt in the U.S., more than any other type of debt outside of mortgages. The total amount of debt owed on student loans now exceeds $1.7 ...
NEW YORK--(BUSINESS WIRE)--KBRA DLD, a division of KBRA Analytics, is forecasting a 2024 broadly syndicated loan (BSL) default rate of 4% and a 3% rate for high yield (HY), based on volume. The HY ...
In late July, the U.S. Department of Education issued a report listing the rate of federal student-loan borrowers who had entered repayment for the first time on or after January 2020 and who were 90 ...
JPMorgan Chase & Co.’s Nelson Jantzen has a calming notion for investors alarmed by the US corporate default rate rising to almost 6% by one calculation. About half the volume of corporate debt ...
The leveraged loan default rate by amount was steady in May, edging up a single basis point to 1.35%. The default rate by issuer count, however, rose 18 bps to 1.42% last month from April's reading of ...
Investors can expect a "moderate default rate" in the next 12 to 18 months, Bernstein analysts wrote. Despite higher interest rates, companies have extended their debt maturities, easing pressure.
The credit market is looking at some dark clouds on the horizon as the high cost of debt is beginning to bite US companies. According to economists at Apollo Management, those clouds are the start of ...
After years of changes to repayment options, borrowers are struggling to stay on top of their loans A relatively small share of student-loan borrowers are making their payments on time, while many ...