LevFin markets show resilience as strong technicals cushion rising macro volatility – 9M26 LevFin Highlights
Leveraged finance markets showed resilience during the first nine months of 2026 as they navigated a shifting geopolitical and macroeconomic backdrop, alongside AI-driven shocks

Primary feeds new paper as Everllence and Iqony join syndication – Europe Loan Digest
Compleat Food, Cheplapharm and StubHub print on wide end of talk; Nord Anglia, Galileo and VFS report strong numbers

Bids due today on loan BWIC totalling around EUR 82m
A bid-wanted-in-competition (BWIC) portfolio totalling roughly EUR 82m of loans is circulating the market, according to sources familiar, with bids due by 1pm UK time on 8 October

Global issuance remains ahead YoY despite 3Q26 slowdown – 9M26 Loan Highlights
Loan issuance across the Americas, EMEA and Asia-Pacific (APAC) regions reached USD 5.065tn-equivalent in the first nine months of 2026 – 1.6% higher than in the corresponding period of 2025, although issuance slowed markedly in 3Q26

Lenders fend off another anti-coop language attempt while InPost and Paramount close jumbo deals – Europe Loan Digest
InPost removes anti-coop language and tightens aggressive docs; Terras, Sunday Natural, Plenergy make successful debuts

Zorlu Enerji bondholders appoint Moelis, Air Baltic’s DIP financing heavily contested by handful of bondholders – CEEMEA Distressed Digest
Trans-Oil bonds weaken, upcoming FY results in focus; uncertain bondholder distributions after R-Logitech signs SPA with A.P. Møller

Peranel offers enticing pricing and strong brands, but regulatory scrutiny weighs on buysider appetite – Loan Preview
Sector tailwinds underpin future growth; pushback against aggressive covenants

KKR looks to scale multi-asset credit solutions as credit AUM grows
KKR’s credit AUM has grown by 50% since 2021, the firm revealed in a presentation by Christopher Sheldon, the firm’s global co-head of credit and markets

Bids due today on loan BWIC totalling around EUR 56m
A bid-wanted-in-competition (BWIC) portfolio totalling roughly EUR 55.81m of loans was circulating the market, according to two sources familiar with the matter

Primary market set to break for summer as new money deals line up for post-summer launch – Europe Loan Digest
At least EUR 19bn of new money deals in the pipeline; Catalent and Groupe Premium close syndication, while Huws Gray, Virgin Media O2 and Altadia were in focus

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

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

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

ABS primary braves geopolitical uncertainty as spreads start to feel pressure – European ABS Weekly Digest
The European ABS primary market mostly shunned geopolitical risk this week as seven deals priced, two of which were pre-placed

Group.ONE TLB and Cision loan fall on continued AI selloff
Market Comment: Software leveraged loans are under pressure on continued AI fears

Loan market steams ahead with new launches as more deals line up in Europe
Flex-downs abound, but Hologic’s sub-300bps spread raises eyebrows, while performance in focus for Archroma, Seqens and Lipton Tea

Repricings comprise half of European levloans’ record year, new money drops to lowest level since GFC
The European leveraged loan market reached its highest yearly issuance volume ever in 2025, according to Debtwire data, driven by repricings