Leveraged Radar’s Post

Leveraged Finance Weekly Review 19-25 July The leveraged loan market continues to go along at a steady pace before the traditional August break. 22 leveraged loans priced this week, split between 18 in North America and four in Europe, with 13 of these deals for repricings. Meanwhile 11 high yield bonds priced, split between nine dollar and two-euro issuances. Reported by Jack Unwin, Amber Quinn and Abraham González. For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #DebtCapitalMarkets #USD

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Leveraged Finance Weekly Review The leveraged finance market has made a frantic start to 2024. Nine leveraged loans priced this week, all of them in North America, however a number of those were repricing deals, with the vast majority of our outstanding pipeline also repricing existing debt. Meanwhile 13 high yield bonds priced, split between nine in North America and four in EMEA. Reported by Jack Unwin and Adam Stubbs For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #US #USD

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Leveraged Finance Weekly Review 03 - 09 May The leveraged loan pipeline has swelled once more, as borrowers have returned to the market. 22 leveraged loan deals priced this week, split between 18 in North America and four in EMEA, twelve of these deals were repricings. 22 high yield bonds also priced this week, split between one sterling, two euro and nineteen dollar issuances. Reported by Jack Unwin, Adam Stubbs and Abraham González. For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #DebtCapitalMarkets #USD

Repricing II: Return of the Borrowers The leveraged loan market was once again been hit by a wave of repricing deals, as borrowers have looked to pounce on well performing credits to reduce the margin on their existing deals. This began as a trickle in early March, before rising to a torrent on 11 March, when 10 repricing deals launched. 41 deals were repriced in March, worth nearly USD60bn, with another 10 deals worth USD10.63bn being repriced in April so far. Reported by Jack Unwin. For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #USD

Leveraged Finance Weekly Review Leveraged loan volumes reached USD156.26bn-eq from 126 deals in January, the first time the market has breached the USD100bn-eq mark since October 2021. However, it should be noted than more than half of these (66 deals worth USD90.5bn-eq to be precise) were borrowers returning to the market to reprice existing deals at a lower margin. 39 leveraged loan deals priced this week, split between 26 in North America and 13 in EMEA, 16 of which were repricing deals. Reported by Jack Unwin and Adam Stubbs For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #USD

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Leveraged Finance Weekly Review 31 May - 6 June Repricings are once again dominating the leveraged loan space, resulting in healthy volumes that belie little actual new-money issuance. 35 leveraged loans priced this week, down from an astonishing 55 last week, with 24 of these deals being repricing deals. Reported by Jack Unwin, Adam Stubbs and Abraham González. For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #DebtCapitalMarkets #USD

Leveraged Finance Weekly Review The leveraged loan market has calmed down somewhat following the repricing craze in January, as other deals have now entered the market. 31 leveraged loan priced this week, split between 19 in North America and 12 in EMEA, with just 5 of them being repricing deals. Meanwhile 14 high yield bonds priced, split between twelve US dollar deals, one euro and one sterling deal. Reported by Jack Unwin and Adam Stubbs. For Bloomberg users: https://lnkd.in/eDmfSiV9 #EMEA #LeveragedLoans #Loans #CapitalMarkets #SyndicatedLoans #HighYield #Bonds #USD