European Leveraged Finance Issuance Falls, Though Investors Eagerly Seize New Supply

25 April 2018
European Leveraged Finance Issuance Falls, Though Investors Eagerly Seize New Supply
Debtwire’s European Leveraged Insights Report Explores Key Q1 2018 Trends
London, April 25, 2018 - Debtwire, the leading provider of expert news, data and analysis on global leveraged credit, today released its 1Q2018 European Leveraged Insights Report and found that the European leveraged finance market continued to operate in an environment in which investors eagerly snapped up any new supply in Q1 2018. The report itself features an overview of the most recent and relevant trends impacting leveraged loans, high yield bonds, covenants and CLOs all in one place. Produced by a team of experts, the report incorporates a combination of private and public data and features more than 200 slides of analysis mined from Debtwire’s vast leveraged finance network.
Main findings
  • Loan debt outstanding climbs, secondary market edges lower
  • CLO market remains hot
  • HY bond issuance falls and returns slip into the red
Debtwire’s Leveraged Insights report provides valuable commentary on key segments and activities at a major turning point in global debt markets,” said Colm “CJ” Doherty, global head of Primary Market Analysis for Debtwire. “Like in the US, a backdrop of economic momentum, earnings growth and a search for yield provided the impetus for continued investor appetite for paper. Net new supply, on the other hand, continued to struggle to keep up.”
The report’s findings are supported by Primary ID, Debtwire’s new Primary Issuance database, that tracks global bond and loan data, features custom league tables across banks and law firms and allows unlimited exportable downloads. Primary ID is just one component of Debtwire Par, Debtwire’s latest offering. Across editorial, data and in-depth reports, Debtwire Par transforms the way financial professionals gain insight into the global performing credit markets.
Powered by Primary ID, the Leveraged Insights report’s global league tables found that:
  • BNP Paribas topped the Western Europe Leveraged Loan Bookrunner League Table
  • BNP Paribas also came out on top in the Western Europe HY Bond Bookrunner League Table
For the full report, please click here
For more information and/or to speak with CJ Doherty or Sadaf Khan, please contact:
CJ Doherty
Global Head of Primary Market Analysis
Sadaf Khan
Fixed Income Group Global Data Manager
00 852 2158 9617