Credit Market Update, Third Quarter 2024
Despite a slowdown in M&A activity, refinancing for broadly syndicated loans is surging as markets become more comfortable with lower-rated borrowers. Dividend deals are emerging as a new trend while growing private equity dry powder is expected to drive demand for financing. Private credit investors are eager to fund family- and founder-owned acquisition strategies, prioritizing strong management teams and actionable pipelines, and are willing to offer creative solutions to meet owners’ goals.
See trends, recent private credit market transactions, and more in our latest update