After September Rush, Leveraged Loan Issuance Stays Hot, But High-Yield Goes Cold

Leveraged finance volume for the week ended Oct. 21 was $12.5 billion, up from $7.9 billion the prior week but well off September's pace, when average weekly volume was $23.5 billion. Leveraged loans accounted for $10.7 billion of last week's volume and high-yield bonds just $1.8 billion, continuing a recent trend