Leveraged debt issuance slows from 2021 pace
Source: Debtwire Par
Leveraged lending kicked off the new year at a slower pace than seen in the prior two years, with institutional loan issuance of USD 48.3bn and high yield bond issuance of USD 16.9bn. While it is a month-over-month improvement from the December 2021 low, compared to this time last year, loan volume is down 44% with high yield bond issuance sliding 66% from last January.
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