Leveraged Loan Insight & Analysis – 7/4/2022

1H22 Leveraged volume down 31%; HY bonds off 75%,
institutional loans down 61%


The US leveraged market dramatically slowed in 2Q22, completing just over US$292bn of loan and high yield bond volume to bring totals for the first half of the year to less than US$480bn, down 31% year over year. The lack of macro economic stability – including rising inflation, ongoing supply chain concerns, and growing fears – fuelled investor uncertainty and broad market repricing.