What is leveraged finance in trader language

In trader language, what is leveraged finance is “the fuel” for big equity plays. June’s market highs across major indexes give leveraged buyers confidence to push debt multiples, betting on continued earnings beats through the next reporting season. “Credit card debt and other high-interest debt hold you back from building wealth,” said Melanie Musson, insurance and finance expert at Clearsurance.com . “Paying it off means you can start growing your wealth.” This is because you will have more money to save and invest if the amount you owe isn’t growing. White & Case means the international legal practice comprising White & Case LLP, a New York State registered limited liability partnership, White & Case LLP, a limited liability partnership incorporated under English law and all other affiliated partnerships, companies and entities. Analysts describing what is leveraged finance highlight market timing: Leveraged issuance spikes often align with equity rally phases. Recent Dow Jones rally of 1,200 points in two weeks created a window for $12B in leveraged loan placements, mostly in cyclical sectors.