Market dynamics reshape borrower choices -
Competition between lending channels intensified in 2025, as leveraged finance markets in Europe saw lenders vying for deals and offering borrowers greater flexibility ahead of an...more
1/29/2026
/ Bond Markets ,
Borrowers ,
Capital Markets ,
Competition ,
Cross-Border Transactions ,
Debt Financing ,
Debt Market ,
EU ,
European Commission ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
High Yield Bonds ,
Investment ,
Lenders ,
Leveraged Finance ,
Leveraged Loans ,
Loans ,
Non-Bank Lenders ,
Private Equity ,
Private Funds ,
Syndicated Loans
A liability management exercise ("LME") is, at its core, any transaction a company undertakes to manage its debt other than actually servicing it in the ordinary course of business. While these historically ranged from...more
10/24/2025
/ Borrowers ,
Capital Markets ,
Contract Drafting ,
Credit Facilities ,
Creditors ,
Debt Restructuring ,
Financial Services Industry ,
Lenders ,
Leveraged Loans ,
Private Equity ,
Syndicated Loans
Although high yield bond markets in the US and Europe recorded small year-on-year declines in issuance in H1, high levels of activity in Q2 bode well for the rest of the year -
After a slow start to the year beset by a...more
European leveraged finance markets back on track -European leveraged finance markets rallied strongly in 2024, with momentum for new deals and opportunities for borrowers and lenders alike in 2025 -
Europe's leveraged...more
2/6/2025
/ Borrowers ,
Capital Markets ,
EU ,
Financial Institutions ,
Financial Markets ,
Financing ,
High-Yield Markets ,
Investment ,
Investors ,
Lenders ,
Leveraged Finance ,
Loans ,
Private Equity ,
Private Funds
Senior secured creditors, being the anchor creditor in the capital stack, will always be focused on ensuring their priority claim is as robust as possible, with clearly delineated capacity for 'super priority' debt. However,...more
High yield bond issuance in the US and Europe improved in 2023, but came in significantly below long-term annual averages, while markets in the Asia-Pacific (“APAC”) (excl. Japan) region remained stymied, primarily due to...more