Despite the economic uncertainty surrounding Brexit, given London’s undiminished role as a centre for debt finance markets in the UK remain open for business with healthy levels of debt issuance occurring so far in 2018 (following a bumper year of issuance in 2017), fuelled by the low interest rate environment and quantitative easing of recent years. Buyouts, recapitalisations and refinancings make up the majority of market activity in UK and European financing markets, with a surge in M&A activity supporting market volume this year.