Sat, Jul 18, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: Strong start for high-yield bond markets in the US and Europe

Friday, May 31, 2024

amb
By Anna Soroka, Rafael Roberti and Jessica Zhou from international law firm White & Case.

The high-yield bond markets in the US and Europe sprang back to life in Q1 2024, with issuance showing strong gains after a slow 2023.

US high-yield bond issuance for Q1 2024 came in at US$68.6 billion, almost doubling the US$35.2 billion raised a year ago in Q1 2023, and more than double the issuance of the US$33.4 billion recorded in Q4 2023.

Moreover, issuance in Q1 of this year is consistent with the levels recorded pre-pandemic-just a little north of the US$68.5 billion recorded during the first three months of 2020, and 21% higher than the US$56.7 billion of high-yield bonds issued in Q1 2019.

Source

Activity levels in Western and Southern Europe were similarly buoyant, with year-on-year issuance climbing by 75.8% from US$21.9 billion in Q1 2023 to US$38.5 billion in Q1 2024. On a quarterly basis, issuance increased by 172.6% from the US$14.1 billion logged in Q4 2023.

In contrast, issuance conditions in APAC (excl. Japan) have remained challenging. High yield issu......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m