Companies Revive US Leveraged-Loan Market With $24 Billion Day

Companies rushed to tap the US leveraged-loan market for debt on Monday, leading to the market’s busiest day since January.

The week kicked off with 19 leveraged-loan launches, worth about $24 billion, according to data compiled by Bloomberg. That’s the most since Jan. 21, when more than 30 firms tapped the market for $48 billion of debt.

The flurry comes on the heels of the slowest quarter in terms of new issuance since 2023, as tariff-related turmoil weighed on activity in April. But there’s been a resurgence of deals in recent weeks, with June marking the busiest month since ...