CREDIT DAYBOOK AMERICAS: Record Run Without New Leveraged Loans

April 17, 2025, 11:30 AM UTC

The US leveraged-loan market’s streak without a deal launch has reached record levels as tariff volatility crimped activity this month across primary credit markets. Bond markets close early in America ahead of the Good Friday holiday.

  • Wednesday marked the 14th consecutive session without a new loan, the longest no-launch streak since Bloomberg started to compile the data in 2013
    • During the streak multiple deals have been removed from syndication, the latest being the postponement of an $885 million leveraged loan for Brookfield Properties Retail
    • On Tuesday, banks became stuck with $2.2 billion of debt used to finance TI Fluid Systems’ ...



Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.