Refinancings by direct lenders returned last quarter to outweigh BSL takeouts.

Source: PitchBook LCD, data through June 30, 2024
(Past performance is no guarantee of future results.)
Latest news
US leveraged loans returns turn negative in October
October 22, 2026
The Bloomberg US Leveraged Loan Index (Ticker: LOAN) has returned -0.26% this month through October 21, reducing its year-to-date return…
M&A activity begins to tick upward
October 22, 2026
In the third quarter of 2026, acquisition-linked loan volume across North America and Europe reached about $47 billion, up from $30.6 billion in Q2 and $29.5 billion a year ago.