Leveraged Loan Insight & Analysis – 2/26/2024

US repricing volume totals US$73bn so far this quarter

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So far this quarter, US repricing volume totals US$76bn, the most since 1Q21, as dozens of issuers have returned to market to cut the spread on their institutional loans. There has been 59 completed repriced tranches this quarter, also the highest since 1Q21.