1. Average Loan Sizes Notes: This exhibit demonstrates that the average institutional leveraged loan and high yield ($ in millions) have both increased in size over the period 2003:1-2016:3, which makes it more difficult for middle-market firms to access the c...
Average Loan SizesNotes: This exhibit demonstrates that the average institutional leveraged loan and high yield ($ in millions) have both increased in size over the period 2003:1-2016:3, which makes it more difficult for middle-market firms to access the capital markets. Source: S&P LCD and Wells Fargo Securities, LLC.
Andrea Beltratti, and Jonathan Bock JAI 2018;20:8-20
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