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Pharmaceuticals and energy transition also ripe sectors for M&A
The US bank has emerged from its restructuring to record impressive market share gains following a reboot of its financial sponsor and leveraged finance businesses
Firm has added to its London team with seventh partner hire this year
Banker had worked at DB for 14 years
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Companies have taken loans for working capital and future acquisitions in A&E-dominated market
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Equal cost of funding in euros and dollars allows global companies to diversify investor base
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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