The persistent new-issue drought in the U.S. leveraged loan market prompted the universe of outstanding loans to shrink slightly in April, snapping a 15-month, M&A-fueled growth spurt that took the size of the market well beyond $1 trillion, according to the S&P/LSTA Loan Index Monthly Review for April.


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LIBOR Cessation: Things You Must Know

June 8, 2023 - With USD LIBOR only having 20-odd days to live, LSTA members have several questions about what must be done. Below, we…