Lenders eager to finance US buyouts, but supply of new deals tightens

High yield bond and syndicated loan lenders are eager to fund US buyout deals, but competition from private debt markets and high secondary buyout volumes have restricted supply - High yield bond and leveraged loan issuance for US Leveraged buyouts (LBOs) recovered strongly over the past year, but Q1 2021 saw a drop on the previous quarter as direct lenders and a high volume of secondary buyouts ate into an already tight supply of opportunities....
By: White & Case LLP

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