About the Report
Done in partnership with AFME High Yield Division, the AFME Leveraged Loan and High Yield report is a quarterly report on the trends and statistics of the European leveraged finance market, including both high yield loans and leveraged loans. Issuance volumes, credit trends, global comparative issuance data, market highlights and commentary are included.
For more information on AFME's efforts in the European leveraged finance sector, please visit AFME.
Continued strain in the global financial markets played a role in weaker issuance levels in the third quarter of 2012. European leveraged finance issuance (leveraged loans and high yield bonds) declined in Q3'12, with EUR 20.87 billion issued, a 24.9% decrease quarter-over-quarter (q-o-q) but a 2.84% increase year-over-year. (y-o-y). The decrease stems mainly from large declines in leveraged loan issuance, causing a surge in the market share of high yield bond issuance to 74.0%, compared to 36.8% q-o-q and 22.0% y-o-y.
- Managing Director, Director of Research: Kyle Brandon
- Director: Sharon Sung