Private Debt Intelligence – 9/21/2020
Private Debt-Backed Deals in Europe
Despite the impact COVID-19 has had in deal activity, the European private debt-backed deal value has soared in 2020. A total of 79 deals were completed in H1 2020 (vs. 197 in 2019), for an aggregate value of €8.7bn. This is already larger than the full year value in 2018, and three-quarters of the way to matching the 2019 total. In H1 2020, Western Europe (excluding UK & Benelux) accounted for 41% of the total aggregate private debt-backed deal value, followed very closely by the UK, which accounted for 30% and the Benelux union which made up 20%. The Southern Europe region was able to complete just nine deals, however the value of those is higher than the full year value in 2019. And the Nordic and Central & Eastern Europe regions deal activity has continued to stay at a low pace.
Contact: Maria Zapata
maria.zapata@preqin.com
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