For a second consecutive quarter, U.S. institutional leveraged loan volume increased driven by refinancing activity. However, M&A-related volume continued its decline, reaching a quarterly low not seen since the Great Recession. As the financing markets work to conform to a challenging operating environment, additional risk emerged as Silicon Valley Bank collapsed, sparking the largest banking crisis in over a decade.
Highlights of this quarter's William Blair Leveraged Finance Report include:
- Analysis of Q1 U.S. institutional loan volume
- Impact of Silicon Valley Bank Collapse on the Leveraged Finance Market
- Results from the William Blair Q1 2023 Lender Survey
