In this year-end episode, Hina and Sandeep wrap up developments across the European Leveraged Finance and CLO markets, joined by Marta Stojanova, Head of European Leveraged Finance. Together, they unpack the major themes shaping the market, including:
Nearly $250 billion in issuance in 2025
Key trends in credit estimates
Shifts in the average EBITDA size of issuers
What these developments mean for mid-market CLOs going into 2026
Our aim is to provide market participants with further advanced analytical insight into corporate credits, CLOs and Leveraged Finance deals, with S&P Global Ratings' regular podcast, based on key features we're seeing in corporate credits and sectors that CLOs are exposed to.
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