Record year for Schuldschein market a ‘near-certainty’
Volumes in other syndicated loan markets may be down, but bankers in the Schuldschein market have rather more to crow about. Derided though it may be for being antique and parochial, it has nonetheless managed to attract an impressive number of debut entrants this year and is set to break the record volumes of 2017.
According to UniCredit, €20.9bn of Schuldscheine have been placed this year across 117 transactions. This is at least €3bn more than had been done by this stage last year. The annual record of €28bn was set in 2017.“The market has managed to swallow a high variety of ...
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