Leveraged Loan Insight & Analysis – 4/5/2021

1Q21 leveraged issuance marks four year high at US$474bn;
1Q21 HY bond volume sets new record


Building on the early signs of market recovery observed in 4Q20, issuers of leveraged debt took advantage of accommodative conditions to raise nearly US$474bn in loan and high yield bond volume in 1Q21 , the second highest quarterly total on record.