Capital Restructuring | Fourth Quarter 2013

March 2014 – As hungry investors continued to chase yield, the leveraged loan market set a record during 2013 with a 30% increase over 2012’s volume and surpassing 2007’s prior record volumes. The amount of loans due prior to 2016 stands at just $17 billion, versus $67 billion when 2013 began. This scarcity of 2014/2015 loan maturities is likely to keep default rates low over the next few years.