Market Wrap

Junk Bonds Heat Up Usually Slow Summer

August has seen a surge in new junk bond issuance at a time when the market usually slows down considerably. Issuers are bringing lots of new issues to the market to lock in low interest rates...

Loan Market Stays Fit as First Half Turns Ugly

Despite the economic concerns that have plagued markets across the globe during the past few months, the U.S. leveraged loan market saw a healthy level of deal activity during the first half, including an uptick in LBO financing...

Hungry Euro Loan Market Gets Mostly Snacks

European leveraged loan investors have been so starved for new paper they seem prepared to gobble up whatever comes their way. Case in point: a £250 million ($381 million) term loan for U.K. clothing...

Q1: Leveraged Loan Market Comes to Life

After three dead quarters and a Q4 ’09 that administered the first jolt, the primary loan market has held a steady heart beat though the first quarter of 2010...

Non-Refi Junk Bonds Returned in Q1

While the recovery of the high yield bond market was well under way in 2009, the first quarter of 2010 marked the return of deals for reasons other than refinancing. M&A deals, LBOs, bankruptcy exits and even dividend deals made their mark in the first quarter...

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