Credit Suisse Gears Up for Wave of Leveraged Loan Issuance
Credit Suisse Group AG is betting that the leveraged loan market can maintain its explosive growth, as buyout firms sitting on unprecedented levels of capital look to maximize their firepower over the next few years. “There is over a trillion dollars of capital committed to private equity firms that has yet to be deployed,” David Miller, the bank’s head of credit, said in an interview in New York. Credit Suisse is pushing for growth when some are already sounding the alarm about the credit cycle turning for the worse.