This week kicked off in a dramatic fashion, with the US getting a credit downgrade for the second time in the nation's history on Tuesday morning when Fitch knocked Uncle Sam from AAA to AA+. The ratings agency cited government deficits, debt, deteriorating governance standards as well as a possible recession later this year. 

That move sparked a sell-off in stocks and bonds (particularly in the technology sector), while there was a more muted downturn in leveraged loans. But macroeconomic questions didn’t disrupt the primary market. 

Our 9fin loan screener shows that 17 broadly syndicated loan deals have launched since Monday morning, setting the stage for what may be a busier-than-usual August.