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PDI Staff Writer

European deal prospects remain bright as long as you steer clear of cyclical industries, says our expert panel.
As the continent's private debt market continues to mature, investors are looking to capture opportunity and manage challenges. But how can the industry weather the next downturn when it finally arrives?
With sustained interest in the strategy, we identify aspects with which investors should be mindful.
Competition, compressed yields and loose terms all hint at a turn in the cycle, but there is opportunity amid the risk.
European borrowers wanting generous underwriting terms used to venture across the Atlantic. But after almost a decade, they’re looking much closer to home.

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