2Q26 Quarterly US Covenant Trends: Leveraged Loans and High Yield Bonds

July 29, 2026

In this webinar, 糖心视频 experts examine key trends shaping the U.S. leveraged loan and high yield markets, including covenant developments, refinancing activity, liability management protections, and AI-related financings. Kerry Kantin, Jessica Reiss, and Scott Josefsberg discuss the growing divide between stronger and more challenged credits, the impact of the 2028 maturity wall, evolving portability and value leakage provisions, and the rise of data center financings.
The session also highlights recent market case studies and what they reveal about investor protections, market risk, and credit conditions. Watch to gain timely insights into the latest developments driving leveraged finance markets.

Watch on YouTube:

Speakers:

Kerry Kantin, US Bureau Chief at LevFin Insights
Jessica Reiss, J.D., Head of U.S. Loans Research at Covenant Review
Scott Josefsberg, J.D., Head of U.S. High Yield Research at Covenant Review

Timestamps:

Market Overview and Geopolitical Impact
Evolving Covenant Terms in Leverage Loans
Software Risk and AI Integration
High Watermarking: A Controversial Topic
Portability in High Yield Deals
Trends in Loan Portability
Covenant Flexibility and Value Leakage
High Yield Market Developments
Data Center Financing Trends
Unique Features of Data Center Loans
Optimum Communications and Market Implications