Debt Capital Markets Review Autumn 2023

Given the 425% increase in the Bank of England’s base rate since May 2022 and the increase in funding pricing spreads, the UK is now firmly a ‘lenders market’.

Financial Institutions are now dictating the terms, scrutinising covenant headroom, challenging sensitivity scenarios and focusing on EBITDA ‘add-backs’.

However, lenders do remain ‘open’ for well prepared borrowers.

With the UK Private Credit market sitting on £47.2bn of ‘dry-powder’ which it’s actively seeking to deploy, well prepared businesses still have sufficient opportunity to fundraise for their growth plans.

Leveraging the expertise of a knowledgeable debt adviser to support a quality proposal, with deep contacts in the lending community, is key to achieving a successful fundraise in this dynamic market.

To read the full report, click here. 

Share on:

Subscribe to receive our latest sector bulletins, thought leadership articles, deal completion reports and newsletters.

Read another insight

/ News
  Amid strengthening acquiror confidence, accelerating deal activity and sustained strategic consolidation, the Human Capital sector demonstrated renewed momentum during...
To support its continued growth and success, Gambit Corporate Finance announces the relocation of its Cardiff office to 3 Callaghan...
/ News
Please Click here to see full report

Search Gambit Corporate Finance