Independent loan pricing solution designed to
support trading, valuations, and risk management
LONDON, July 9, 2024
/PRNewswire/ -- S&P Global Market Intelligence has announced
the launch of its new Evaluated Loan Pricing, enabling market
participants to benefit from a much-expanded loan pricing solution.
Offering greater transparency to the market, the new expanded
service now provides independent and transparent pricing for more
than 8,000 leveraged loans worldwide.
"We are excited to introduce our enhanced loan pricing solution,
which takes our product to the next level," said Tasha Gonska, Managing Director at S&P
Global Market Intelligence. "The new solution provides expanded
coverage to a set of a loans that historically was not available to
participants. This solution is an extension to our composite based
pricing service and will offer a single price for a loan be it
composite or evaluated.
Tasha added, "Our new product also offers valuable
insights to portfolio managers and traders by allowing them to
better understand the value of holdings, track price movements, and
compare loans with similar characteristics. Additionally, risk
managers can also assess their portfolios and make decisions around
holding or divesting a given position based on value and issuer to
peer comparison."
The loan pricing solution offers independent bid-offer pricing
and analytics on leveraged loan facilities worldwide, as well as
mapping for over 400,000 industry identifiers. Built based on
contributor-based loan pricing engines, sophisticated parsing
technology, and supplemented with an evaluated
methodology.
S&P Global Market Intelligence's enhanced loan pricing
solution is backed by over twenty years of historical data and is
supported by a team of dedicated loan pricing specialists. It is
available through a secure web interface and can be easily
integrated into existing workflows.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the
importance of accurate, deep and insightful information. Our team
of experts delivers unrivaled insights and leading data and
technology solutions, partnering with customers to expand their
perspective, operate with confidence, and make decisions with
conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
Media Contact
Sabrina Mayeen
P. +44 (0)20 7176 0495
E. Sabrina.Mayeen@spglobal.com
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SOURCE S&P Global Market Intelligence