Large Schuldscheine are being lined up for the first quarter of next year, arrangers said, with investors reaching their lending limits for the year. But there are still deals numbering in the double digits to be done by Christmas.
“If there were any larger names, especially from the auto sector, looking to enter the market, I’d advise a first quarter launch, not now,” said one Schuldschein arranger. “The lenders are quite full up after a strong year and may be less committed.”
There will be roughly 10 deals