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Kristen Haunss

UPDATE 1-Senator Warren presses regulators on leveraged lending

15 Nov 2018

NEW YORK, Nov 15 (LPC) - US Senator Elizabeth Warren sent a letter to regulators Wednesday expressing concerns about underwriting standards in the leveraged loan market, which she says could pose serious risks to the economy.

Senator Warren presses regulators on leveraged lending

15 Nov 2018

NEW YORK, Nov 15 (LPC) - US Senator Elizabeth Warren sent a letter to regulators Wednesday expressing concerns about underwriting standards in the leveraged loan market, which she says could pose serious risks to the economy.

Space oddity stirs loan demand

09 Nov 2018

NEW YORK, Nov 9 (LPC) - Billionaire Elon Musk's rocket and spacecraft company SpaceX is testing lenders' risk appetite as it seeks to raise a US$750m term loan that will give the company additional balance sheet cash.

SpaceX circulates price guidance on $750 million term loan

07 Nov 2018

NEW YORK (LPC) - Elon Musk’s rocket and spacecraft company SpaceX on Wednesday circulated pricing on a proposed $750 million term loan that will put cash on the company’s balance sheet, two sources said.

SpaceX seeks $750 million leveraged loan

06 Nov 2018

NEW YORK (LPC) - Elon Musk's Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said.

Banks shrug off regulators’ leveraged loan warnings

02 Nov 2018

NEW YORK, Nov 2 (LPC) - Banks are shrugging off regulators’ increasingly strident warnings about frothiness in credit markets and continuing to churn out highly leveraged loans as private equity firms push for aggressive buyout deals.

CLO funds push for fallback benchmarks before Libor ends

02 Nov 2018

NEW YORK, Nov 2 (LPC) - Some US credit investors are pushing to use alternative benchmarks in the documents of new Collateralized Loan Obligation (CLO) funds before official replacements to Libor are identified ahead of its demise in 2021.

Regulators sound the alarm about leveraged loan market

30 Oct 2018

LONDON, Oct 30 (LPC) - Leveraged loans are coming under increasing fire from international regulators who are warning that loosening lender protections mark a huge deterioration in corporate lending that could pose a systemic risk to the banking sector.

Regulators concerned about material loosening in leveraged loan market

24 Oct 2018

NEW YORK, Oct 24 (LPC) - Regulators are concerned about a material loosening of terms and weaknesses in the risk management of the US$1.1trn US leveraged loan market, a Federal Reserve official said at an industry conference Wednesday

Loan market asks regulators to allow CLOs to hold bonds

18 Oct 2018

NEW YORK, Oct 18 (LPC) - The US$1.1trn US leveraged loan market has asked regulators to exempt Collateralized Loan Obligation (CLO) funds from a provision in the Volcker Rule to allow them to buy bonds to boost their income.

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