Debtwire Middle-Market – 2/10/2020

Margin tightening
drives institutional loan spreads lower


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Source: Debtwire Par

So far in 2020, issuers have taken advantage of welcoming market conditions to gain attractive pricing on their loans. In the syndication phase, 28 deals totaling USD 33.4bn have seen margins tighten from initial talk, versus only three deals worth USD 4.7bn being forced to offer higher spreads.