Ways to raise debt financing in European markets

In Europe, corporate borrowers have a variety of ways to raise debt financing. Banks are active but have become more conservative since the global financial crisis. The syndicated loan market, managed by investment managers, is prominent for larger borrowers and private equity-owned businesses. In addition, there are high yield and investment grade bonds, although the retail investor base for high yield bonds is small in Europe. Private credit is also active, with different managers employing various vehicles to raise capital from investors and lend in the market.