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
From large cap syndicated deals to mid-market private credit, whether in loans or in bonds, the ability for borrowers to incur material incremental debt is commonplace. However, when you look beyond the headline ratios and...more
Leveraged loan activity in the US and Europe sprang back to life in H1 2024, with both markets enjoying near-triple-digit increases in issuance.
In the US, overall issuance surged 95.7% from US$461 billion in H1 2023 to...more
8/28/2024
/ Borrowers ,
Capital Markets ,
China ,
Environmental Social & Governance (ESG) ,
EU ,
Global Marketplace ,
Investment ,
Investors ,
Lenders ,
Leveraged Loans ,
Loans ,
Refinancing
Side letters document bespoke arrangements between all or certain parties to a financing transaction and supplement the terms of the principal documents thereto. Becoming increasingly popular with stakeholders, and with the...more
In the current market, investors are increasingly considering their options in relation to the stressed and distressed credits in their portfolios. Whilst mindful of stakeholder relationships, secured lenders may, in some...more
European leveraged finance in 2023 was saddled with the negative effects of elevated interest rates. But as the market adjusts to the “new normal”, rate and price stability offer hope for a brighter 2024.
-Rising interest...more
1/30/2024
/ Acquisitions ,
Banking Sector ,
Buyouts ,
Debt ,
Debt Market ,
EU ,
Financial Institutions ,
Interest Rates ,
Investment ,
Leveraged Finance ,
Loans ,
Mergers ,
Private Equity ,
Refinancing
Loan issuance across all major jurisdictions saw year-on-year double-digit declines during the first half of 2023, as high inflation and rising interest rates continued to weigh on loan activity
The first half of 2023 has...more
8/16/2023
/ Banking Sector ,
Borrowers ,
Debt ,
Economic Downturn ,
EU ,
Financial Services Industry ,
Investment ,
Investors ,
Lenders ,
Leveraged Loans ,
Loans
HEADLINES -
-Rising interest rates and reduced refinancing options are increasing the likelihood of restructuring and financial distress in the next 12 months
-Cov-lite debt packages have given borrowers breathing...more
2/2/2023
/ Borrowers ,
Coronavirus/COVID-19 ,
Debt Restructuring ,
Financial Distress ,
Interest Rates ,
Investment ,
Investment Adviser ,
Investors ,
Lenders ,
Private Equity ,
Refinancing ,
Restructuring
Leveraged loan activity slows in the US, Europe and APAC as a volatile economic backdrop and the rising cost of debt starts to weigh on issuance -
Leveraged loan markets have been buffeted by a challenging macroeconomic...more
12/1/2022
/ Acquisitions ,
Bank Loan Markets ,
Borrowers ,
Debtors ,
EU ,
Financial Institutions ,
Interest Rates ,
Investment ,
Investors ,
Leveraged Loans ,
Mergers ,
Refinancing