Leveraged loans have gained 2.52% this year, outpacing junk bonds and investment-grade corporate debt.
Companies are rushing to take advantage of the booming leveraged loan market.
Its retail investors will be able to buy slices of corporate bonds just like they do with stocks.
The average time to maturity for high-yield debt has fallen to just 5.18 years, a 36-year low.
The company will use the proceeds to repay outstanding debt.
Critics say companies are presenting overly polished images of their ESG commitments and results.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
