Debtwire Middle-Market – 1/27/2020

New money share of institutional loan issuance
dips to recent low

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Source: Debtwire Par

The institutional leveraged loan market is off to a busy start in 2020, with USD 58bn of deals having priced and another USD 79bn in the pipeline. Notably, only USD 10bn, or roughly 17%, of loans issued this year have been slated for new money purposes.