Feeling the buzz

摘要

A wave of acquisition deals in the healthcare sector, mainly in the US, is raising hopes that M&A in Europe may soon move up a gear and provide a steady stream of event-driven financing in a market that continues to be dominated by refinancing activity. With most major European corporates now refinanced, having pushed the maturities of their liquidity facilities out to 2019 and beyond, the refinancing pipeline is predicted to run dry, leading to concerns over the levels of future loan market activity.