Debtwire Middle-Market – 9/28/2020

Loan secondary prices grind higher
on limited new money deal flow

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Source: Debtwire Par, Markit

Leveraged loans continue to grind higher in the secondary market, with limited new money issuance prompting investors to take a closer look at secondary market opportunities. The weighed average bid on term loans has added another 17 bps this month to reach 92.19.