Recent Insights

FPSOs have revolutionized deep-water oil extraction but these technically complex vessels are a fertile ground for uncertainty, spiraling costs and long delays

Borrowers take advantage of hot loan and high yield bond markets to lock in M&A and leveraged buyout financing at attractive terms and pricing

PE investors stand ready to fund spinoffs of non-core assets as companies refocus for the recovery

Refinancing activity supports a double-digit year-on-year uptick in leveraged loan issuance in the United States and Europe, while mega-deals dominate in the Asia-Pacific region.  

What will drive issuance in a post-COVID-19 world?

US M&A set a new record for value in H1 2021—and nearly surpassed the full-year figure for 2020

Investors are finding businesses showing resilience

Low interest rates and high levels of liquidity are fueling transformational M&A deals  

Plentiful liquidity supports a year-on-year rise in high yield bond issuance in the US, Europe and the Asia-Pacific region  

The pandemic seems to have prompted people to rethink their attitudes toward sharing personal data, particularly when it is used to manage public health and provide essential services. Can this shift serve as a catalyst for smart city adoption?

A brightening macroeconomic outlook and supportive deal environment helped push second-quarter value to a new record.

Increasing cooperation between global PE players is pushing up price tags  

Three pillars are at the heart of global efforts to boost sustainability and make our built environment cleaner, greener and more socially responsible: construction, energy and technology.

Steel is essential to every aspect of modern life, yet its future finds itself centre stage in the climate change debate. Can advances in green steel technologies, fuelled by innovative investments from miners and steel producers, become an age-defining development in the energy transition?

Changing regulatory, project finance and transmission dynamics are fueling rapid growth in US offshore wind

A strong market for refinancing and low interest rates have enabled most borrowers in Europe and the US to avoid bankruptcy and restructuring procedures

Soaring demand for digital infrastructure, transportation and social assets has generated landmark deals so far this year

Automotive and automotive-adjacent M&A sees fourth consecutive quarterly rise in value, supported by strong SPAC interest in electric vehicles

A number of big-ticket deals in high-growth sectors such as telecommunications and renewables signal a bright future for French dealmaking

Leveraged finance activity in the healthcare sector made strong gains through Q1 2021 as the pandemic response saw the industry attract steady investor inflows and M&A interest

SMRs are gaining the attention of governments and power providers across the world because of the optionality they offer. But the champions of the SMR will have to work hard to ensure its potential can be fully unlocked.

The number of distressed and liquidation-related M&A deals, especially in the US and UK, has increased year on year as businesses struggle to adapt to their post-pandemic reality.

Management fee credit facilities have become increasingly popular among private equity firms during the pandemic as a tool to manage cash flow volatility

Tightening liability spreads and the backlog from 2020 have seen European collateralized loan obligations resetting and refinancing at historic levels in 2021

Emerging technologies attract increasing interest from dealmakers, buoyed by strong economic fundamentals and healthy macroeconomics

There have been a number of developments in merger control in 2020 and Q1 2021. Some are related to the repercussions of the COVID-19 pandemic, while others are borne out of the ambitions and changes sought by individual competition authorities or unexpected jurisprudence

Dependable recurring income from digital music rights is attracting major investment from PE funds.

High yield bond and syndicated loan lenders are eager to fund US buyout deals, but competition from private debt markets and high secondary buyout volumes have restricted supply

Dealmaking within the PMB sector enjoyed an impressive start as companies across the globe embarked on their post-pandemic recovery.  

High yield bond and leveraged loan issuance by European industrials, chemicals and materials companies sustained steady activity levels in Q1 2021 as they took advantage of a borrower-friendly market to raise financing

Borrowers are taking advantage of buoyant leveraged loan markets in the US and Europe to reprice existing credits at lower interest rates, and lenders are happy to oblige

The first quarter of 2021 saw a string of big-ticket deals in the transportation sector, pushing quarterly deal value to a record high

Highly competitive and liquid markets saw leveraged loan issuance in the US and Europe surge, while activity in Asia-Pacific dipped despite high-profile jumbo deals

Borrowers in the United States, Europe and Asia are tapping buoyant bond markets to extend maturities and refinance existing debt at cheaper rates

Signs of a rebound follow last year's pullback in private equity real estate deals

Consider three factors: likelihood of legislation; complexity of regulatory action; and timeline for infrastructure development

A string of deals took place in the first quarter as energy firms look to capitalize on offshore wind's potential  

More than any other factor, the energy transition motivates utilities deals worldwide