US LevFin Wrap — From double-Bs to LMEs, and everything in-between
- David Bell
- +Emily Fasold
- + 1 more
There’s plenty to keep track of in the leveraged finance market — whether it’s the volume of more aggressive financings hitting the tape for a wider range of borrowers, or the swathe of liability management exercises coming for highly levered companies still struggling for market access.
Refinancing and repricing activity are still the main focus: as we highlighted in our latest LevFin Primary Review, it all comes down one thing: spread compression, as demand continues to outweigh supply.
MoneyGram, Medline and Solenis were among the sponsor-backed names taking advantage of demand to manage their balance sheets this week.