Dealmakers in Switzerland remain confident of a strong deal flow sustained by high levels of dry-powder but are starting to take a more cautious approach and conduct more case-by-case assessments of economic and political risks on planned acquisitions, panellists said during the Swiss M&A and Private Equity Forum on 24th October.
During Mergermarket's annual Germany Forum, panellists and conference attendees were eager to discuss how the country's often feted Mittlestand could become victim to domestic under-investment and neglect.
The rotation in the region's debt market continues. In this market overview, Mathew Cestar, Co-Head of Global Credit Products in EMEA at Credit Suisse provided an assessment of how the European debt markets are evolving away from banks toward institutional-based relationships.
The panel examined what kind of request makes for a "bank story" vs a “unitranche story”. What projects can banks support and which are more challenging? Which sectors present a more difficult risk profile for credit committees and why? Borrowers and lenders offer their perspectives on raising debt; can the hausbank still be relied upon for all funding requirements? Which projects or strategies have been challenging to finance through relationship banks?