Debtwire Middle-Market – 5/11/2020

High-yield bond market comes roaring back in April

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Source: Debtwire Par

The US high yield market came roaring back to life in April with roughly USD 40.6bn in issuance across 51 deals, easily the most active month this year, and a far cry from the USD 5.3bn issuance seen in March when much of the market was shut down by the coronavirus (COVID-19) pandemic.