Rising prices in the secondary loan market and a new deal led by Credit Suisse First Boston suggest that institutional buyers are back in the market for leveraged syndicated loans.

"As institutional investors continue to get more informed after the holidays, they will recognize that the performance of loans represents a good value," said Michael D. Rushmore, a loan analyst with BankAmerica Corp. in Chicago. "We're going to see them gather assets."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.