Aston Martin enters drop-down deal with HPS, Victoria gets more than 90% support for 2028s extension – Europe Distressed Digest
Aston Martin’s bonds came under pressure after a report emerged on 17 July that the carmaker was in talks with HPS Investment Partners over a potential asset-backed financing that could prime existing creditors

Victoria notes rise as Santé Cie loan slides – Market Comment
French home medical assistance provider Santé Cie’s loan is today marked at 73.5-mid, following a two-point drop from Friday’s 75.5-mid at close on IHS Markit

Sante Cie’s most recent financials indicate robust liquidity
French homecare firm had EUR 87m cash and EUR 150m undrawn RCF; in May, LTM reported EBITDA at EUR 162m, PF adjusted EBITDA at EUR 183m

Sante Cie hires Rothschild and Eight Advisory following disclosure of PNF probe
EUR 46m reported is amount in frozen accounts, not potential fine; company struck reassuring tone during call with lenders

Sante Cie loan rebounds following call to reassure lenders
EUR 820m TLB offered around 80 cents; Gibson Dunn holds call with lender group

The Quality Group pre-markets in quieter primary as buyside battles repricings, Sante Cie loan plunges - Europe Loan Digest
Strong technical pushes prints in new lows; CLOs struggling with arbitrage hold floor for single-Bs; Sante Cie dives in secondary on asset freeze news

Santé Cie confirms it is seeking protection under ad hoc mandate upon account freeze amid PNF investigation
Term loan plunges into 50s, company lodges appeal against EUR 45.5m asset freeze; Santé Cie strongly contests PNF’s position

Vue loans jump, Getty Images loan falls after Shutterstock merger termination announcement – Market Comment
Vue International’s reinstated facilities have shown significant swings in the past two days, with its EUR 127.38m 1.5-lien term loan indicated at 120-mid today, following yesterday’s jump of over 16 points from 103.92-mid at the start of the week

Kem One releases cleansing materials detailing restructuring proposal
Proposal involves 2028 SSNs being extinguished; restructuring close targeted for 2H26

Repricing wave brings back pain for CLO arbitrage – Europe Loan Digest
Ineos offers premium talk compared to market; performing credits shave up to 50bps off existing debt

Cerba’s revised consent solicitation request approved by noteholders
French labs business issued revised consent solicitation; terms modified slightly to shorten grace period extension

Seqens loan slides, Konecta term loan B reverses losses
Weekly wrap-up of the European leveraged loan market

Primary picks up pace and appetite for large transactions – Europe Loan Digest
Boluda, Warner Bros Discovery launch jumbo deals; strong technical supports opportunistic deals

A&E and dividend recap activity populates primary, with new-money deals also pre-marketed – Europe Loan Digest
Smiths Detection, Schülke in pre-marketing; Hanab, TMF flex down pricing on recap deals; Caldic, Envalior, BME performance in focus

Primary regains momentum amid high demand for paper – Europe Loan Digest
BASF Coatings doubles book on tight margin; Archroma widens final print after fraud disclosure; Cooper Consumer Health prices A&E with a dividend recap

AI disruption fears and Middle East-driven macro volatility weigh on loan and bond issuance – 1Q26 LevFin Highlights
LevFin issuance across the US and European institutional loan and high-yield bond markets saw a strong start to the year before fears of artificial intelligence (AI) disruption and escalating macro volatility stemming from the US and Israel war with Iran weighed on market activity

Global issuance falls 22% QoQ and 12% YoY amid tech selloff and geopolitical insecurity – 1Q26 Loan Highlights
Loan issuance in the Americas, EMEA and Asia-Pacific (APAC) regions reached USD 1.37tn in 1Q26, according to Debtwire data; this volume was 22% down compared to the previous quarter and 12% below 1Q25

Scale trumps fear but 1Q26 M&A volume obscures sponsor frustration – Dealspeak EMEA
1Q26 M&A volume EUR 332.1bn, up 38% year-on-year, but volume of deals below EUR 1bn fell 25% YoY in March; key themes include AI fallout, GPs’ tech woes and sector rotation

M&A volume leap 20% to USD 1.38tn in first quarter of 2026
Even the Iran conflict has not arrested momentum among larger deals. A mammoth USD 122bn capital raise from OpenAI closed on the last day of the quarter, according to Mergermarket data

Iran conflict weighs on primary but cross-border European loan deal flow continues
Europe Loan Digest: Electronic Arts prices euro-dollar loan; Grifols launches refi

AI blockbuster deals surge as Middle East conflict test dealmaker confidence
Mergermarkets M&A Highlights 1Q26: Global M&A volume jumped 22% to the second highest start ever

Investors scrutinise AI disruption and opportunities in the European loan market
Lower EV, high leverage elevate credit risk and refi challenges; AI-driven sell-off creates selective buy opportunities

Loan market sell-off set to widen, Sealed Air enters primary despite expected issuance slowdown – Europe Loan Digest
Electronic Arts to price today; strong CLO bid protects prices from macro volatility

EQT, Advent, Cinven embrace deal flexibility as hedge against Middle East chaos
ECM Pulse:Optionality trumps predictions in chasing LP returns; uncertainty dogs IPO prospects as bid-ask gap remains

EU insolvency law harmonisation campaign marches on with new directive
LEGAL ANALYSIS: European Parliament signs off new ‘harmonisation’ directive: Relates to five areas, including avoidance actions and ‘pre-packs’