After enduring a coma that lasted the better part of three years, the European leveraged loan market began to wiggle its toes in the fourth quarter of 2010...
Junk bonds did not get much of a summer break in Q3 2010, and wont get much rest in Q4 either, as demand will likely continue in an environment friendly to high yield issuers...
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...
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...
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...