Leveraged Loan Insight & Analysis – 7/27/2020

US debtor-in-possession loan volume
surpasses US$10bn so far this year

Chart

Completed US debtor-in-possession (DIP) loan volume is on track to reaching the highest annual level since the Great Financial Crisis, as many companies have struggled during the Covid-19 pandemic. Already this year there has been over US$10bn in completed DIP volume across 23 deals, with another nearly US$4bn in the pipeline.