Leveraged Loan Insight & Analysis – 10/5/2020

1-3Q20 Leveraged volume up 6% y-o-y;
Asset mix skews toward HY bond issuance

Chart

US Leveraged borrowers pushed nearly US$839bn of issuance through the market during the first nine months of 2020, a 6% increase over the same time last year. Although the totals did not shift dramatically year over, the mix of loans and bonds did.