October 2013, European Leveraged Loan Market Analysis

The European leveraged finance primary and secondary markets had a strong September. Loan issuance was €3.82 billion in September 2013, while high yield issuance was €7.1 billion for the month. ...

The European leveraged finance primary and secondary markets had a strong September. Loan issuance was €3.82 billion in September 2013, while high yield issuance was €7.1 billion for the month. Secondary markets and the S&P European Leveraged Loan Index (ELLI) were up for September, and default rates were markedly lower.

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