PITCHBOOK‘s David Cox writes:
European loans have defied the naysayers, and are on course in 2023 to deliver their second-best year of returns this century. Few participants, though, think this feat can be repeated in 2024, as the market — according to analysts’ year-end predictions — continues to grapple with low new-money supply on limited M&A activity, and defaults that are increasingly moving back up to long-run averages.
In what has been …
The post PB: 2024 European Loan Outlook – M&A holds key to volume, with returns set to cool appeared first on The Loadstar.
