Leveraged Loan Insight & Analysis – 5/17/2021

M&A loan volume kicks up in 2Q;
WarnerMedia/Discovery provides further boost


Both high grade and leveraged loan arranger alluded to the flurry of M&A discussions that had kicked up at the end of 1Q21 and their hopes for a steady pipeline of deals into 2Q.
Barely six weeks into the second quarter, nearly US$80bn in syndicated bridge and permanent M&A loan financing has cleared the market.