Leveraged Loan Insight & Analysis – 5/9/2016

The share of unitranche financings in the Mittelstand leveraged loan market has risen to 22% of of total issuance on a deal count basis in the first quarter of 2016, an all-time high according to numbers compiled by Thomson Reuters LPC.  Mittelstand is the middle market for the Germany, Austria and Switzerland region, comprising corporates with annual revenues of less than €1.5 billion.