Taron Wade is a Director in LCD’s London team, leading European research.Full Bio
Taron Wade is a Director in LCD’s London team, leading European research. She most recently was a Director in European Corporate Research team at S&P Global Ratings, with a particular focus on the capital markets. Prior to that she wrote about the credit markets for breakingviews.com and was loans and leveraged finance editor for EuroWeek (now Global Capital).
Taron spent the first five years of her career writing for various capital market newsletters published by Institutional Investor, both in New York and London. She graduated from Cornell University with a B.S. in Applied Economics and Business Management.Minimize
Returning from the summer break, Taron and Chris talk about the continuing boom in private-equity backed M&A activity, how pricing trended up on loans over the summer because of slight market indigestion, the working through of resets and refis in CLO world, the slight uptick in CLO AAA pricing, and the decline in weakest links, signaling potentially fewer defaults on the horiz...
In this month’s episode of Capital Markets View, Taron and Chris chat about how new leveraged loan volumes for 2021 – even with the slight slowdown in the past month – are still better than in 2021, which industries are showing stress in 2021 compared to 2020, and the slight slowdown in the CLO market, coupled with a small rise in spreads in both the CLO and loan market.
European Leveraged Finance 2021: A Regional Look at Loans, Bonds, and Recov
A Turnaround in the Market Overall There has been a V-shaped recovery for the loan market when looking at the weighted average bid of European loans over the past year. As of the end of Q1 2021, both European loans and high-yield volumes had regained their footing, and CLO issuance had recovered, as well. A year ago, companies worried about what financing would be available. No...
