Leveraged loan break prices push above par in June as market firms

Amid firm market conditions throughout the month of June, the average price at which first-lien institutional loans broke into the secondary market rose to a three-month high of 100.26% of par, from 99.84 in May.

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  • Averaged difference between OID and break price
  • Average new-issue yield to maturity for leveraged loans

– Kerry Kantin



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