Abundant liquidity, a red-hot refinancing market and improving credit ratings combined through the first half of 2021 to limit defaults and ease any near-term pressure on the balance sheets of US borrowers.
Borrowers...more
8/5/2021
/ Bank Loan Markets ,
Borrowers ,
Collateralized Loan Obligations ,
Coronavirus/COVID-19 ,
Debt ,
Debt Restructuring ,
Extensions ,
Financial Institutions ,
High Yield Bonds ,
Lenders ,
Leveraged Finance ,
Leveraged Loans ,
Refinancing
A strong market for refinancing and low interest rates have enabled most borrowers in Europe and the US to avoid bankruptcy and restructuring procedures -
So far this year, fewer European and American businesses have...more