Debtwire Middle-Market – 11/9/2020

Leverage multiples on LBO deals rebounds in 4Q20

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Source: Debtwire Par

Leveraged loan activity backing LBOs has picked up this quarter, following subdued deal flow in 2Q20 and 3Q20 due to the COVID-19 pandemic. Fourth quarter syndicated leveraged loan issuance backing buyouts is currently at USD 17bn, already topping volumes in the prior two quarters.