SPDR® Blackstone / GSO Senior Loan ETF
Why leveraged loans aren’t a win-win for issuers and investors
Leveraged loans are basically issued on a floating rate basis.
How can retail investors invest in floating rate notes, or FRNs?
The Treasury’s newest issuance of floating rate notes, or FRNs, on January 29, commanded immense investor interest. The $15 billion issue received bids for 5.67 times the issue amount.
Why rallying rates are bullish for high-yield bond ETFs
With the taper pushed off until 2014, bond funds might be a good intermediate play. Interest rates are still historically low, so investing in bonds is risky long-term.
Why the Carlyle leveraged buyout transaction is in the limelight
Another major transaction in the week ending June 20, was Shearer Food’s $515 million, two-tranche covenant-lite loan.
Why investors continue to exit from leveraged loans funds
Last week, the total number of deals in the leveraged loans (BKLN) space went up to 16, from ten the previous week.
What Are USB’s Key Growth Drivers?
U.S. Bancorp’s (USB) revenue net of interest expense grew 5% and 4% in 2016 and 2017, respectively.
Do Senior Bank Loan ETFs Provide a Cushion?
Senior loans offer floating rate coupons and have low interest rate sensitivity. They provide the perfect hedge for rising interest rate environments.