LCD News & Analysis

Amend-and-extend Loan Volume Hits $25.4 Billion in May 2026

In May 2026, amend-and-extend loan volume rose to $25.4 billion, marking the highest monthly total since June 2024. This was achieved through 19 transactions, compared to 18 transactions totaling $13.6 billion in April. Year-to-date volume reached nearly $79 billion, an increase from about $68 billion during the same period in 2025. Notably, institutional A-and-E issuance accounted for $36.2 billion, while pro rata issuance totaled $42.7 billion, indicating a balanced distribution between the two categories.