Sponsor Loan Volume Dips Along With LBOs
ByA drop in private equity deal-making dealt a blow to debt capital markets during the first half.
Global leveraged sponsor-related loan volume fell 43% to $230.5 billion in the first half of this year, compared to the same period last year when it was $401 billion, according to data provider Dealogic. That’s the lowest first half total since 2010 when volume troughed at $128.3 billion.
Corporate loan volume also took a dip to $1.54 trillion, 18% lower than the first half of 2014.
In the U.S., institutional loan volume was $154.6 billion in the first half, a decline of 49% from last year. There was a 47% drop in leveraged buyout volume to $28.9 billion, compared to $54.1 billion last year, according to Dealogic…
Sponsor Loan Volume Dips Along With LBOs
