William Blair：2025年暴风雨的春天带来灼热的夏天报告（英文版）

The leveraged loan market returned to the red carpet after a 2024 box office performance worthy of a champagne toast. The year started full throttle with record setting institutional loan volume during the first six months and wrapped up miles ahead of 2023. The combination of rate cuts, a more stabilized economic outlook, and robust investor demand helped close out the busiest year since 2021. While opportunistic activity stole the show last year, investors are hopeful that a yellow brick ro