Junk bond and leveraged loan issuers extend maturities, reminiscent of post-2008 “extend and pretend” strategy.

Junk bond and leveraged loan issuers have cut ttheir 2024-2026 maturity wall by 40% from a year ago, according to BOA estimates. "This episode represents one of the most aggressive instances of maturity extension in the history of leveraged finance." pic.twitter.com/HFuzx9GpjO — Tracy Alloway (@tracyalloway) March 22, 2024 Back in …

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