Private Debt Intelligence – 12/19/2022
Industrials lead European PD deal value
Last week we highlighted the dominance of the information technology sector in private debt in North America. This week, we’ll show the sector breakdown for Europe’s PD industry in 2022. Although only 26 deals took place in the industrials sector year to date, the aggregate deal value stands at $5.2bn. This puts the sector well ahead of the next largest, healthcare with $3.1bn over 22 deals. Industrials value was boosted by the use of private debt in the $5.1bn acquisition of HomeServe Plc by Brookfield Asset Management, taking the company off the London Stock Exchange.
(Past performance is no guarantee of future results.)
Contact: Laura Messchendorp
laura.messchendorp@preqin.com
Latest news
The Recovery Shot
Trouble off the tee doesn’t always translate to trouble on the scorecard.
Q2'26 BDC analysis shows additional 184 bps of nonaccruals at cost
In a universe of 173 business development companies, or BDCs, Octus identified a total of $9.5 billion of debt (at cost) in nonaccrual status reported in the second quarter of 2026, a slight decline of 5% from $10 billion in the first quarter of 2026.

Private Credit Defaults 101: Scrambling for Par
Seve Ballesteros won four majors in the 1980s despite being, by his own admission, one of the wildest drivers of the golf ball on tour.