European High Yield: looking back to look forward
17 January 2019
The 2018 European High Yield Market was marked by several notable bond transactions despite a significant reduction in volumes. Equally, 2018 included a number of notable trends including a growing diversity of issuer, a buy-side becoming increasingly more involved in the dialogue and an alignment of documentary terms across European High Yield and the leveraged loan market. The following client briefing examines these trends and then looks forward into 2019 to consider what further changes and developments may be seen in the European High Yield Market during 2019.