In early November, new-issue activity surpassed the prior high of $535 billion from 2007. While the headline figure is in record territory, 2013 deal mix is more heavily opportunistic with far fewer mega-LBO deals to drive acquisition-related activity.
Check out LCD's new, free web sites, LeveragedLoan.com and HighYieldBond.com
November 2013 YTD Leveraged Loan Volume Surpasses 2007 High on Refinancings and Dividend Recaps, Less Mega-LBO Deals (U.S. Leveraged Loan Market Analysis by S&P Capital IQ/LCD)
11/15/2013 02:40:00 PM | via @Dvolatility |
S&P Capital IQ/LCD on Youtube (video after the jump):
Posted by D Volatility