According to LSTA’s Ted Basta, “Annual secondary loan trading activity totaled a record $971 billion, or 18% higher than 2022’s previous record of $824 billion and 2024’s $821 billion".
According to LSTA’s Ted Basta, “Annual secondary loan trading activity totaled a record $971 billion, or 18% higher than 2022’s previous record of $824 billion and 2024’s $821 billion."
Despite a challenging backdrop, broadly syndicated loans (BSL) delivered a solid 5.9% in 2025, according to the Morningstar LSTA Leveraged Loan Index (LLI).
Analysis & Data, BSL Market Monthly publication and charts
