Leveraged Loan Issuers Increase Amend-and-Extend Deals to Refinance Credit Facilities
Amend-and-extend loan volume reached $25.4 billion in May 2026, the highest since June 2024, driven by borrowers seeking credit facility adjustments rather than full refinancings. Institutional and pro rata issuance remained balanced year-to-date.
Topics: amend-and-extend credit facilities leveraged loans loan volume