Hate the Game, Not the Player: An Update on the Primary Loan Market

Winnie Cisar and Kerry Kantin discuss the strength in the leveraged loan primary market in 2024 due to reduced recession fears and limited M&A activity. They highlight the increase in demand over supply, leading to a wave of repricings benefiting issuers. The team also analyzes market rate-cutting expectations, factors influencing the Fed's actions, and current trends in the primary loan market, including LBO and M&A activity, interest rates impact, specific deals like Mark E., and insights on the private credit market competition.