Fed, FDIC, OCC Alert! Agencies issue 2022 Shared National Credit Program review. Credit risk associated with leveraged lending remains high. Leveraged loans comprise half of total SNC commitments but represent a disproportionately high level of the total
Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230224a1.pdf
Press release: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230224a.htm
The federal bank regulatory agencies today reported in the 2022 Shared National Credit (SNC) report that credit quality associated with large syndicated bank loans improved in 2022, but noted the