X Loans Sold at Face Value Highlight Disappearing Discounts

Reported 6 days ago

Recent sales of loans to X Holdings Corp. at face value indicate a notable shift in the leveraged loan market, as investor demand surges and discounts diminish. Traditionally priced below par, these loans are now being issued close to 100 cents on the dollar, with opportunities for significant discounts becoming rare. This trend reflects a strong appetite for leveraged loans amidst a competitive market driven by inflation concerns and investment strategies favoring floating-rate loans.

Source: YAHOO

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