04 Feb Webinar: Where to from Here? 2015 Outlook for Senior Loans
Posted at 03:27h
in perspectives
2014 will be remembered as an eventful year for the senior loan market. Fueled by the expectation of normalizing interest rates and a firm belief in the structural advantages afforded by loans, investors are wondering what’s in store for the coming year and beyond. Is it finally time to embrace a floating rate asset class?
Voya’s Senior Loan team members Dan Norman & Kelly Byrne, who specifically covers the energy sector, take a look at the current market environment and provide an outlook to assist investors and consultants in making investment decisions. Their analysis takes a deeper dive into:
- Current and expected investor demand, as compared to projected new loan supply
- Fundamental credit risk, prevailing and projected, including the potential impact of persistent weakness in the energy markets and “covenant-lite” loans
- Expectations for credit spreads, yields and full year returns
- Other considerations for investors to be mindful of.