Leveraged loans & high yield bonds backing buyouts decline in 2022
Source: Debtwire Par
New issuance in the leveraged loan and high yield bond markets took a dive from last year’s totals as the pressures besetting the market remained persistent. Institutional loan issuance declined 68% to USD 294.4bn, while high yield bond volume tumbled an astounding 78% to just USD 96.5bn. To put it bluntly, 2022 saw the lowest level of institutional loan and high yield bond issuance in the last ten years.