2021 Leveraged loan issuance at US$722bn, up 63% YoY

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As the delta variant threatens to destabilize US economic activity via a possible 4th wave the leveraged loan pipeline has seen an uptick as issuers move to bring deals to market before Labor Day.
 
Over US$224bn of leveraged deals hit the pipeline in July, of which US$66.3bn was recorded in the last week of the month.