Leveraged Loan Insight & Analysis – 7/20/2020

U.S. Primary yields widen slightly to 7% so far in July


After declining in May and June, primary US institutional yields have inched up in July. The average yield, assuming a three-year term to repayment on first-lien institutional term loans is 7.01% so far in July; up from 6.68% in June, but a lot lower than the 9.44% recorded in April.