IDD reports that the syndicated loan market is still struggling. A big part of that is the on-going drought in leveraged loan issuance, which reflects largely the slowdown in LBO activity. New issuance of loans backing buyouts fell 86 percent in the second quarter to $7.9 billion. That compares with $57.7 billion in the second quarter of last year. But there are some signs that more deals might get done sooner than expected. Smaller deals for targets with good prospects will get some looks, no doubt. IDD reports that Deutsche Bank priced a $515 million term loan coupled with a $50 million revolving facility and $200 million in high yield bonds last week for Oak Hill Capital Partners, which is buying eight television stations. The real pain is at the mega-deal level. Apparently, a deal involving top banks arranging financing for Thomas H. Lee Partners and Bain Capital's acquisition of Clear Channel Communications is struggling as of now.  

For more:
- here's the IDD article (For FierceFinance readers)

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