For the Leveraged Finance market, 2025 is already off to a dynamic start against a risk-on market backdrop and with the 10-year rate back at 4.5%.
But with little to no rate cuts forecast and the impact of the new administration still to be determined, what should Leveraged Finance issuers be looking out for in the year ahead?
Our latest episode of Markets Mindset sees Mizuho's Head of Leveraged Finance Jeb Slowik in conversation with Head of High Yield Capital Markets Phil Tamplin and Head of Leveraged Loan Capital Markets Jackson Merchant.
The three reflect on the impact of last year’s rate cuts on the Leveraged Loan and High-Yield markets, as well as the recent pickup in both treasuries and dividend recaps, and what to expect from M&A activity in 2025.
Hear from our experts as they dive into High-Yield and Leveraged Loan issuance, spotlight Mizuho’s recent deals and give their outlooks on current trends within Leveraged Finance investment banking.
Key topics covered in this discussion include:
• Leveraged Finance market 2025
• Fed’s impact on Leveraged Loan and High-Yield markets
• Mergers and acquisitions activity in 2025
• Forecast for Leveraged Loan and High-Yield issuance volume in 2025
• Predictions and catalysts for repricing windows
• Emergence of dividend recap transactions