Prices in the secondary US leveraged loan market surged in the first month of 2023, turning the page on a tumultuous 2022 when the asset class posted its worst return in seven years.  Primary market activity picked up as well, as issuers tapped into the supportive tone for opportunistic deals and a handful of buyouts launched after a two-month absence from the broadly syndicated market.  This analysis was written by Marina Lukatsky.