Leveraged Loan Insight & Analysis – 9/14/2020

Middle market non-sponsored sydicated loan volume drops dramatically

Chart

Middle market completed non-sponsored syndicated loan volume of US$7bn so far in 3Q20 is far behind the US$22bn logged in 3Q19 and is down from an already slow 2Q20. As the economy shut down due to the pandemic, activity in the non-sponsored market was very limited in 2Q20.