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Global investors are turning to European private credit
Record fundraising in 2025 has left private lenders fighting for deals
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Levloan issuance in the first quarter is halved from 2022, despite optimism across the market
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The mid-market is becoming more lender-friendly as risk appetite remains sensitive
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Market optimism supports deals after 10 days without new issues
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Amendments and extends still form most deals in leveraged finance
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Direct lenders expect to take market share but have their own problems to cope with
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Dutch accounting services firm takes €1.3bn-equivalent loan as it plans to increase acquisitions