Europe’s shift from loans to bonds is slackening off

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Europe’s shift from loans to bonds is slackening off

The great corporate debt migration is slowing. European corporate borrowers have spent much of the last five years cutting their dependence on the loan product due to shrinking bank balance sheets. But the shift to the bond market seems to have peaked, writes Nina Flitman.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • European securitization issuance database
  • Daily newsletters across markets and asset classes
  • 1 weekly securitization podcast

Related articles

Gift this article