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In the third quarter, the leveraged loan market managed to shake off late-spring jitters?stemming from Europe, and new-issue volume climbed to $114 billion, from $88 billion between April and June.
That is the highest third-quarter figure on record. The capital markets usually take a time-out in August, but that was not the case this year. With the window open, $20 billion of loans were issued in August,?another historical high.
The story was the same in the institutional segment, where volume rose to $81 billion ? also a high for the third quarter ? from $52 billion in the second quarter.

his analysis is taken from a longer?complete LCD News story. Also in the analysis:
- Annual leverage loan volume
 - Change in outstanding loans and inflows
 - High-yield takeouts
 - S&P/LSTA Leveraged Loan Index returns
 - Average new-issue yield to maturity for leveraged loans
 - Average new-issue offer price
 - Covenant-lite volume
 - Leveraged loan M&A volume
 - Leveraged loan PE-backed dividend volume
 - Monthly volume
 - Institutional forward calendar
 - Institutional M&A forward calendar
 - Average bid of LCD?s flow-name composite
 - Average new-issue yield to maturity
 - Quarterly high-yield volume
 - Annual high-yield volume
 - Leveraged finance volume
 
? Steve Miller
Source: http://www.leveragedloan.com/open-window-leveraged-finance-market-sets-records-for-3q-volume/
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