Is leveraged lending guidance a dead letter?

Author: Ronan Wicks, Shearman & Sterling | Published: 5 Dec 2019

Partners from the New York office of Shearman and Sterling look at the current state of the leveraged lending market and ask if it is really generating systemic risk

Recently, global leaders have been expressing concerns about an impending slowdown in economic growth and the end of the credit cycle. These concerns, among others, have manifested in an increased focus on the perceived possibility of deterioration of loans originated in the leveraged lending market....