BDO Capital Q2 2021 Debt Market Update

July 2021


The total U.S. leveraged loan market continued its upward trend as loan issuance was $650 billion through May 2021, up 53 percent compared to the same period last year according to Debtwire, even despite a 50 percent decline in May versus the prior month. Loans issued to support M&A and buyout activities accounted for 22 percent of volume year-to-date through May as there were significantly more announced M&A financing transactions this year compared to the same time period last year.