CREDIT DAYBOOK AMERICAS: Leveraged Loans, Price Data in Focus

Three leveraged loans have lender commitments due Friday, capping what’s been a busy May for US debt capital markets.

• The deals include a $770 million loan to help fund a payout to shareholders at Signature Aviation
• The investment-grade primary market is poised to see little, if any, activity to end this week amid what’s been the busiest May since 2020
  • Meanwhile, junk-bond sales this month have been the most since September amid narrowed spreads
• A key datapoint — the Federal Reserve’s preferred gauge of underlying inflation — is due in an hour alongside April personal income and spending
• Watch Gap ...