Leveraged Loan Insight & Analysis – 8/7/2023

Sponsored large corporate direct lending volume dropped 28% in 2Q23

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US sponsored large corporate direct lending loan volume totaled US$12.5bn in 2Q23, 28% lower than 1Q23’s level. The US$12.5bn total represented a 17% share of overall US large corporate sponsored loan volume, its lowest share since 3Q21.