Q1 of this year quickly became one of the busiest quarters for new issuance in the Leveraged Finance markets, which was a welcome relief from the overall anemic market in 2023. In our latest Markets Mindset discussion, Mizuho Investment & Corporate Banking’s Head of Leveraged Loan Capital Markets, Jackson Merchant, and Head of High Yield Capital Markets, Phil Tamplin, provide their takeaways from Q1 on trends in the Leveraged Finance markets. Mizuho’s Jeb Slowik leads this discussion on High Yield and Leveraged Loan market trends and whether issuers should consider repricing going forward into the rest of the year.
Part 1: An analysis of Q1 trends in Leveraged Finance Markets
After a busy Q1 and with a volatile election season ahead, what risks and opportunities should Leveraged Finance issuers be aware of throughout the rest of the year? Our latest Markets Mindset discussion on Leveraged Finance features Head of Leveraged Loan Capital Markets, Jackson Merchant, and Head of High Yield Capital Markets, Phil Tamplin, giving their outlooks on their respective markets going into Q2. Hosted by Mizuho’s Jeb Slowik, this outlook touches on the current Leveraged Finance environment and our bankers’ views on acquisition financing, private credit, leveraged buyout activity and whether now is the right time for issuers to go to market.
Part 2: Leveraged Finance Markets outlook for Q2 and beyond