Refinancings Drive 1Q Loan Issuance

Sibayan, Karen
April 2013
High Yield Report;4/8/2013, p34
The article reports that the U.S. leveraged loan volume has reached 286.6 billion dollars. Strong technical factors kept interest rates on leveraged loans low. As spreads on loans tightened, issuers pursued opportunistic repricings. The Leveraged Lending Guidance that was finalized by banking regulators could keep a lid on future issuance of pro rata loans.


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