Debt Capital Markets News: March 2012Deloitte Corporate Finance LLC |
The March 2012 issue of Debt Capital Markets News includes the following highlights:
- Loan volume declined and pricing increased in the second half of 2011 - After loan pricing generally declined between mid-2010 and mid-2011, new issue pricing trended higher in the second half of the year.
- Refinancings dominated 2011 loan issuances - Refinancings accounted for 53% of new issue leveraged loans in 2011.
- Middle market maturity wall remains - Much of the maturity wall that was comprised of larger, broadly syndicated loans has been refinanced, extended or exchanged. However, high levels of middle market debt are still scheduled to come due over the next several years due to elevated volumes of loans that were issued at the peak of the market in the 2006-2007 time period.
Learn more by downloading Debt Capital Markets News.
Debt Capital Markets News - March 2012
