HY Issuance Set Record Of $991B In ’12

  • Leveraged refinancings post record loan volume
  • Leveraged new money is up 36 percent in 2012
  • Investment grade is down 28 percent
U.S. high yield capital markets issuance hit an all-time record of $991 billion in 2012, beating 2007’s $825 billion and comprising a record $327 billion in high yield bonds and $664 billion in leveraged loans, according to sister service Thomson ...

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