US EditionCorporate Loan Markets In US, Europe Rebound After April Plunge
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Corporate Loan Markets In US, Europe Rebound After April Plunge
Speculative-grade corporate loan issuance in the US and Europe plummeted in April but has since recovered somewhat, providing corporate borrowers with a window to refinance or reprice existing debt—although lenders may be wary—and potentially take on new debt to pursue acquisitions or other capital-intensive moves. The US saw record loan issuance in January and February, at $69.9 billion and $57.7 billion, respectively, according to PitchBook L…
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