Refinancings take the stage in US HY as LBOs disappear

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Refinancings take the stage in US HY as LBOs disappear

The US high yield market is likely to move away from its staple fare of leveraged buyout financings in the coming months, bankers say, after LBO activity dwindled in the summer. This week $3bn of deals were priced by Thursday — none of them for new LBOs.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article