Leveraged Loan Insight & Analysis – 10/5/2015

US Leveraged lending tumbled in 3Q15 as market volatility fueled a flight to quality and heightened risk aversion. At less than $180 billion, 3Q15 leveraged lending was down nearly 50% compared to 2Q15 totals to bring 1-3Q15 totals to $753 billion, down 24% compared to the same time last year. Most of the shortfall was rooted in a steep HY bond market slump in 3Q15. In sympathy with the jitters observed in the equity markets in