Bloomberg Broadens Leveraged Loan Indices and Data Solutions to European and Global Markets
Bloomberg Broadens Leveraged Loan Indices and Data Solutions to European and Global Markets |
[22-July-2025] |
Newest leverage loan indices build on Bloomberg's interconnected syndicated loans solutions delivering investors greater insight into traditionally opaque asset class NEW YORK and LONDON, July 22, 2025 /PRNewswire/ -- Bloomberg today expands its leveraged loan index offering with the launch of the Bloomberg European Leveraged Loan Index and the Bloomberg Global Leveraged Loan Index, responding to growing investor demand for more precise, transparent, and globally diversified benchmarks in the syndicated loan market. The Bloomberg European Leveraged Loan Index (Ticker: ELOAN) reflects the market's unique characteristics by including broadly syndicated loans denominated in EUR and GBP, a 150 million local currency minimum size threshold, and inclusion of both rated (high yield) and unrated loans. The Global Leveraged Loan Index (Ticker: GLOAN) combines broadly syndicated loans for public and private companies from the US, Europe, and other markets, offering a comprehensive, cross-market view for global investors. The indices are built with proprietary pricing from Bloomberg's award-winning evaluated pricing service, BVAL, to deliver precise and timely insights into loan performance. As of June 30, GLOAN Index had 1,759 loans with a market value of $1.8 trillion, and ELOAN Index had 462 loans with a market value of EUR 340 billion. This expansion also includes approximately 100 sub-indices, enabling institutional investors to tailor exposure with enhanced granularity across geography, credit rating, liquidity thresholds, and other key factors. "Following the introduction of our US Leveraged Loan Index, demand from clients, particularly in Europe, for more benchmarks for leveraged loan investments has been strong and consistent so this is a natural next step," said Jasvinder Singh, Fixed Income Index Product Manager at Bloomberg Index Services Limited. "This launch represents another significant milestone in our commitment to expand the Bloomberg Fixed Income Indices offering and deliver enhanced value to our clients." "We're excited to see the launch of Bloomberg's new Leveraged Loan Index and the expanded coverage of European loan data. In a market where data is everything, this marks a significant leap forward," said Scott McMunn, CEO of the Loan Market Association (LMA). "At the LMA, we're actively collaborating with Bloomberg on ongoing thought leadership and commentary, delivering deeper insights and complementary perspectives on the European leveraged loan space" Core Features of the Bloomberg Leveraged Loan Indices Bloomberg's suite of leveraged loan indices empowers investors to optimize portfolio design, assess public and private credit strategies, and better track evolving trends across the corporate credit landscape. All indices in the expanded leveraged loan family share the following features:
The new benchmarks build on the success of the US Leveraged Loan Index, which tracks around 1,300 USD-denominated loans totaling more than $1.3 trillion with inception in January 2019. Since inception to June 30, 2025, the US Leveraged Loan Index has outperformed key fixed income sectors with a cumulative return of 43.81%, surpassing the Bloomberg US High Yield (40.59%), US Floating Rate (24.29%), US Aggregate (10.09%), and US Treasuries (6.69%) indices. Powered by Bloomberg's Syndicated Loans Data Solutions At the core of this index family is Bloomberg's Syndicated Loans Data Solutions, providing deep, global coverage of the invested syndicated loan markets with over 15 years of historical data. This foundation supports price and liquidity discovery, enhances operational workflows and informs regulatory compliance throughout the syndicated loan lifecycle. The data solutions include:
Bloomberg Terminal clients can access the Bloomberg Leveraged Loan Indices at {IN LOAN Bloomberg's syndicated loans data can be accessed on the desktop via Bloomberg Terminal, across the enterprise with Data License, through DL+ for managed access and in real-time via B-PIPE. About Bloomberg Index Services Limited Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products. About Bloomberg
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Company Codes: Bloomberg:5350Z |