The S&P UBS Leveraged Loan Indices have been launched by S&P Dow Jones Indices in partnership with UBS. These indices aim to provide comprehensive insights into the performance of global loan markets and replace the previously known Credit Suisse Leveraged Loan Indices.
The S&P UBS Leveraged Loan Indices represent the investable universe of leveraged loans denominated in USD, EUR, and GBP. With over 2,000 indices covering a market value of USD 1.6 trillion, these indices play a leading benchmark role in the loan market across the U.S. and Europe.
The U.S. leveraged loan market has experienced significant growth over the past decade, positioning it as a strong competitor to the U.S. high yield bond market. The expansion of the loan ecosystem, including index-linked products and derivatives, reflects the increasing demand for sophisticated financial instruments in this space.
The collaboration between S&P DJI and UBS brings together complementary indexing solutions and enhances the existing fixed income index offerings. This collaboration aims to deliver market-leading insights and pricing data for loans, benefiting clients and other market participants.
The launch of the S&P UBS Leveraged Loan Indices addresses the growing complexity and demand for transparency in the leveraged loan market, providing a critical resource for performance measurement and investment decision-making. The introduction of these indices marks a significant step forward in providing benchmarks for investors and market participants in the expanding leveraged loan market.