- HY bond issuance in 1Q-3Q23 totaled at USD 122.6bn, a 48% YoY increase from 1Q-3Q22.
- Kirkland & Ellis ranked No.1 in the North America HY Bonds Issuer's Legal Counsel League Table, taking around 11% market share by volume.
- Cahill Gordon & Reindel topped the North America HY Bonds Manager's Legal Counsel League Table, obtaining roughly 24% market share by volume.
The full rankings are available to download on the right.
All rankings are based on data submitted to Debtwire Par. Corporate High Yield Bonds: are below investment grade issues at the designated time of pricing. If the issue is not rated, inclusion of the following covenant may determine High Yield status: 1) restricted payment test; 2) debt incurrence test. Unrated issuers without such covenants may be excluded from High Yield volume and league tables. Unrated Nordic* issues, greater than approximately €50m-equivalent, priced above 300 bps for floating-rate notes and 5% for fixed-rate notes, shall be considered high-yield if issued under normal market conditions. For more details on our criteria or any other query please contact us at bonds@iongroup.com
To download please sign in.
