Private Equity

Buyout firms seize cheaper debt

Lenders are agreeing to reduce interest rates on leveraged loans amid a dip in deal activity

Wednesday 19 August 2015 at 07:00

Buyout firms seize cheaper debt

Buyout firms are increasingly securing reductions in interest rates, as lenders agree to cheaper loans amid a dip in deal activity.

The second quarter saw a record €7.8 billion worth of loans repriced in Europe, nearly double the level in the previous quarter, according to a report by debt advisory firm Marlborough Partners.