Leveraged Loan Issuers Increase Amend-and-Extend Deals Amid Rising Refinancing Costs
Amend-and-extend (A&E) activity in leveraged loans has increased significantly, with $27 billion transacted in June alone. This trend reflects issuers' preference for extending existing credit terms over full refinancings due to higher yields and market uncertainty.
Topics: amend-and-extend debt maturity leveraged loans refinancing costs