Legal Business

The finance view: Bumpy markets, rising debt funds – direct lending to flourish in 2016 but it won’t be year of the junk bond

legal-business-default

Victoria Young canvasses veteran lawyers on the outlook for bespoke financing in 2016.

It’s been flavour of the month for a lot of months now, but among leveraged finance advisers the conviction remains that 2016 will be another breakthrough year for alternative credit funds. Partners speaking to Legal Business say market conditions are ripe for such lenders, even as turbulence affects some larger sources of capital.