EMEA/North America Leveraged Finance Review – October 2022
31 Oct 2022Activity in the leveraged loan market across EMEA remained muted this month, with just USD3.17bn of volume coming from five deals. This represents an 88% year-on-year drop on October 2021’s volume of USD30.77bn which came from 43 deals.
Investor confidence has once again dropped after a series of deals tested the market and failed to gain support, including Dutch artificial grass maker TenCate Grass’ EUR274.3m add-on TLB, which was postponed on 5 October due to volatile market conditions.
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