Dividend Recapitalization: Solvency Opinions

After two historically weak years fueled by economic uncertainty, increasing interest rates, and other factors, 2024 marked a huge rebound in leveraged loan issuances for dividend recaps, nearly eclipsing the record-setting year of 2021.

Momentum continues into 2025 as sponsor firms look for ways to return capital, with leveraged loan issuance in the first half of 2025 exceeding issuance for the same period the year prior.

Discover more insights in our dividend recapitalization market update below.