US LevFin Wrap — Caesars covers the spread as loans roar back to life
- William Hoffman
- +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.