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US Software Company Loan Prices Drop to 88 Cents, Near Two-Year Low

Average prices for loans to US software companies have fallen to approximately 88 cents, marking a near two-year low. This represents a 6-cent decline since the start of 2026, equivalent to a 7% drop. The software sector is the most affected in the US leveraged loan market, according to @KobeissiLetter.

KO
1 source·Apr 28, 9:50 PM(7 days ago)·1m read
US Software Company Loan Prices Drop to 88 Cents, Near Two-Year LowOffice of the Chief Software Officer, U.S Air Force / Wikimedia (Public domain)
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Average prices for loans to US software companies have declined to approximately 88 cents, nearing the lowest level in at least two years, @KobeissiLetter reported. This reflects a 6-cent decline since early 2026, equivalent to a 7% decrease from prior levels.

Consequently, the US software sector shows the largest price decline among segments in the US leveraged loan market, according to the report.

Key Facts

Loan prices at 88 cents
Average software company loan prices in the US are at approximately 88 cents.
Near two-year low
The average price of 88 cents for US software company loans is near the lowest level in at least 2 years.
Decline since 2026 start
US software company loan prices have declined by 6 cents since the start of 2026, representing a 7% drop.
Most affected sector
The US software sector is the most affected sector in the US leveraged loan market.

Story Timeline

3 events
  1. 2026-04-28

    Average US software company loan prices reported at approximately 88 cents, near two-year low.

    1 source@KobeissiLetter
  2. 2026-01-01

    Start of 2026, from which loan prices have declined by 6 cents, or 7%.

    1 source@KobeissiLetter
  3. 2024-04-28

    Beginning of the two-year period where current prices are near the lowest level.

    1 source@KobeissiLetter

Potential Impact

  1. 01

    Increased borrowing costs for US software companies due to lower loan valuations.

  2. 02

    Potential reduced investment in the US software sector as it becomes the most affected in leveraged loans.

  3. 03

    Broader pressure on US leveraged loan market from software sector declines.

Transparency Panel

Sources cross-referenced1
Framing risk15/100 (low)
Confidence score65%
Synthesized bySubstrate AI
Word count63 words
PublishedApr 28, 2026, 9:50 PM
Bias signals removed1 across 1 outlet
Signal Breakdown
Loaded 1

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