Once struggling loans draw red-hot demand

摘要

Web conferencing provider Premierre Global Services is considering a return to the loan market to reprice its debt and even add a little more to pay a dividend after struggling to sell the same buyout-related debt last year, illustrating growing demand for US leveraged loans. Soaring demand for floating-rate debt has already seen a wave of repricing and refinancing activity where issuers have stripped out covenants without reducing investor interest, and now issuers are returning with deals that floundered during a period of volatility that started in the second half of 2015.