US Leveraged Loan Issuance Tops $65bn in June

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June’s 75 deals for $66b was up $34.4b, or 109%, from the previous month’s $31.6b, but was down $83.6b or 56% from the same month a year ago. It brought the Q2 total to $107.4b across 128 deals for a 68% decline from the first quarter total of $339.9b and compared to the $384.1b seen in the second quarter of last year, declined 185%. Altogether, year-to-date issuance totaled $447.2b, 37% below the $704.5b seen at this time last year.