Recent Insights

India city image
Insight
Jumbo deals a bright spot after tough period for India’s loan markets
Loan issuance from Indian borrowers has tailed off because of rising COVID-19 infections, but high-profile mega-deal financings have given lenders and borrowers cause for optimism  
Cairo
Insight
Outlook for Africa brightens after challenging first half to the year
Lender caution following Zambia’s debt repayment default in 2020 has weighed on African debt issuance, but successful raisings by high profile borrowers show that investor appetite remains resilient
office building windows
Insight
Widening variety of issuers sustains refinancing momentum
Debt markets warm to issuers from a broader range of sectors, maintaining high levels of refinancing activity  
books
Insight
Private equity goes back to school
PE is breaking records, notably in the education sector
Mexico city
Insight
LatAm M&A rebounds
The region's largest economies—Brazil and Mexico—lead the dealmaking revival
grey stairs
Insight
Rising inflation represents risks and opportunities for leveraged finance markets
For the first time in years, inflation is on the radar for high yield bond and leveraged loan lenders and borrowers—but how might it impact markets?
Two vessels on the sea
Insight
FPSOs: Overcoming challenges to unlock potential
FPSOs have revolutionized deep-water oil extraction but these technically complex vessels are a fertile ground for uncertainty, spiraling costs and long delays
SPACs on track to drive M&A leveraged loan issuance
Insight
Jumbo deals contribute to a rise in M&A and LBO financing
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
windows
Insight
Private equity carve-outs ride post-COVID wave
PE investors stand ready to fund spinoffs of non-core assets as companies refocus for the recovery
office building windows
Insight
Refinancing and jumbo deals drive global leveraged loan market
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.  
Mountain road aerial shot
Insight
US leveraged finance: The road ahead
What will drive issuance in a post-COVID-19 world?
New heights: US M&A H1 2021
Insight
New heights: US M&A H1 2021
US M&A set a new record for value in H1 2021—and nearly surpassed the full-year figure for 2020
tables outside a restaurant
Insight
US leisure and retail M&A roars back
Investors are finding businesses showing resilience
Stock Market
Insight
Surging M&A megadeals top records in Q2
Low interest rates and high levels of liquidity are fueling transformational M&A deals  
building
Insight
High yield issuance surges in the US, Europe and APAC
Plentiful liquidity supports a year-on-year rise in high yield bond issuance in the US, Europe and the Asia-Pacific region  
city image
Insight
How changing attitudes toward data sharing could accelerate smart city adoption
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?
buildings
Insight
Surging TMT transactions carry Q2 global M&A to record heights
A brightening macroeconomic outlook and supportive deal environment helped push second-quarter value to a new record.
Insight
Global PE posts record buyout value in Q2 thanks to TMT, pharma
Increasing cooperation between global PE players is pushing up price tags  
construction
Insight
Transformation in the construction industry: Keeping pace with change
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 factory
Insight
The green edge of steel: Cutting through carbon
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?
Fast forward for US offshore wind
Insight
Fast forward for US offshore wind
Changing regulatory, project finance and transmission dynamics are fueling rapid growth in US offshore wind
Liquid debt markets hit the brakes on restructurings
Insight
Liquid debt markets hit the brakes on restructurings
A strong market for refinancing and low interest rates have enabled most borrowers in Europe and the US to avoid bankruptcy and restructuring procedures
Data Center
Insight
Pandemic powers European infrastructure M&A
Soaring demand for digital infrastructure, transportation and social assets has generated landmark deals so far this year
Connect cars
Insight
SPACS drive automotive sector dealmaking uphill
Automotive and automotive-adjacent M&A sees fourth consecutive quarterly rise in value, supported by strong SPAC interest in electric vehicles
Insight
French M&A displays optimism
A number of big-ticket deals in high-growth sectors such as telecommunications and renewables signal a bright future for French dealmaking
medicine blue pills
Insight
Healthcare leveraged finance issuance climbs
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
Cylinder
Insight
Why small modular reactors will shape the future of nuclear debate
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.
building windows
Insight
Pandemic fuels real estate and hospitality turnaround M&A activity
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.
coral reef
Insight
Amplifying the "S" in ESG: Investor Myth Buster
SPACs on track to drive M&A leveraged loan issuance
Insight
Pandemic downturn highlights management fee credit facility benefits for PE firms
Management fee credit facilities have become increasingly popular among private equity firms during the pandemic as a tool to manage cash flow volatility
LED lights
Insight
Refinancings and resets dominate European CLO space
Tightening liability spreads and the backlog from 2020 have seen European collateralized loan obligations resetting and refinancing at historic levels in 2021
circuit board
Insight
China and private equity fuel Asia's tech dealmaking in Q1
Emerging technologies attract increasing interest from dealmakers, buoyed by strong economic fundamentals and healthy macroeconomics
stormy seas
Insight
Global merger control: Navigating stormy seas
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
Music Board
Insight
Streaming royalties are music to private equity's ears
Dependable recurring income from digital music rights is attracting major investment from PE funds.
Miami
Insight
Lenders eager to finance US buyouts, but supply of new deals tightens
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
Pharmaceutical
Insight
Healthcare M&A delivers promising first quarter
Dealmaking within the PMB sector enjoyed an impressive start as companies across the globe embarked on their post-pandemic recovery.  
factory
Insight
Industrials, chemicals and materials issuers take advantage of borrower-friendly backdrop
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
plant
Insight
2021 International Arbitration Survey: Adapting arbitration to a changing world
grey stairs
Insight
Repricing on the rise
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
railway
Insight
Transportation M&A posts new record in Q1
The first quarter of 2021 saw a string of big-ticket deals in the transportation sector, pushing quarterly deal value to a record high