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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
Borrowers moving between the two markets create opportunities for both
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German asset manager brings US deal backed by infrastructure assets -
Levloan issuance in the first quarter is halved from 2022, despite optimism across the market
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Wave of middle market deals unlikely to continue for long
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The mid-market is becoming more lender-friendly as risk appetite remains sensitive
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Keep your covenants close, but keep your sponsors closer in mid-market lending
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