23 Sep Voya Senior Loan Group – ‘Talking Points’ – M&A Picks Up
Posted at 07:27h
in perspectives
Voya Senior Loan ‘Talking Points’ is a weekly publication from the Voya Senior Loan Team Heads, which provides key insights and results in the Senior Loan marketplace.
M&A Picks Up
The loan market maintained its faster pace this week amid generally steady market technicals. The S&P/LSTA Leveraged Loan Index returned 0.13%, while the average bid for the asset class increased six basis points to 97.98.
Borrowers and arrangers took advantage of the favorable atmosphere in the primary market, focusing on acquisition-related deals that constituted 72% of the deals launched this week.