Author of the article:
Carolina Gonzalez and Caleb Mutua
Publishing date: Jan 30, 2021  â¢Â January 30, 2021  â¢Â 2 minute read  â¢Â
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(Bloomberg) â The U.S. leveraged loan market isnât taking a breather after seeing nearly $120 billion of deals launched so far this year.
ION Analytics is looking to raise $1.9 billion-equivalent in euros and dollars to refinance existing debt in a resurrected loan it had pulled in November. Rent-A-Center Inc. is marketing a loan to help fund its acquisition of Acima Holdings, and a junk bond issue is expected to emerge as part of the financing. Leveraged loan funds have taken in cash for seven of the last eight weeks as Treasury yields rise, according to Refinitiv Lipper.