US loan managers capture secondary opportunities as new issues struggle

By Sayed Kadiri

US loan managers switched gears by sourcing loans in the secondary market in the second quarter. This came as pricing in the primary market became less attractive in the early part of Q2 and with new loan issuance slowing in May and June

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TAGS: CLO Secondary market Anchorage Onex Hayfin Benefit Street CVC Palmer Square Pricing Leveraged loans Primary market North America