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Market Wrap

US LevFin Wrap — Caesars covers the spread as loans roar back to life

William Hoffman's avatar
David Bell's avatar
  1. William Hoffman
  2. +David Bell
6 min read

Not to be outdone by the recent surge in bonds, the loan market came roaring back to life this week.

Caesars Entertainment led the charge with bond and loan tranches that tightened well through price progression, demonstrating the continued demand for gaming credits even in the face of a possible recession.

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