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The leveraged loan market entered 2026 with activity moderating from last year's elevated levels, as heightened volatility and a broader risk-off backdrop weighted on refinancing ("refi") and repricing volumes.
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Despite a volatile political and macroeconomic backdrop, the leveraged loan market delivered another historically strong year in 2025.
Download the pdf →The US leverage loan market rebounded in Q3’25; activity surged as borrowers rushed to refinance (“refi”), reprice, extend maturities, or pursue dividend recaps after uncertainty from monetary policy and tariffs / trade policy slowed second quarter activity.
Download the pdf →As global monetary policy tightens, corporate treasury teams should re-evaluate their risk management profile to reduce exposure.
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