Leveraged Loan Insight & Analysis – 1/30/2023

US LBO loan vol. (US$bn) and direct lending share of total


Last year, when heightened volatility caused US syndicated LBO loan volume to retrench, the private credit space helped soak up some of the demand. US direct lending LBO volume totaled US$92.8bn in 2022, comprising a 45% share of overall US LBO loan volume, an increase over 2021’s 38% share.