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Leveraged Loan Insight & Analysis – 4/6/2026

Published by TheLeadLeft on April 8, 2026

LBO leverage multiples hold steady, show signs of normalization in 1Q26

Chart

Although leverage multiples on recent large cap LBOs have eased marginally, averaging 5.5x in 1Q26 versus 5.6x in 4Q25, debt composition has shown signs of normalization.

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