‘High water marking’ provisions on the rise in UK mid-market leveraged financings

Jan 11, 2025 08:35

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‘High water marking’ provisions on the rise in UK mid-market leveraged financings

Following a year mostly fuelled by refinancing and re-capitalisations, as interest rates continue to fall, acquisition finance looks set to rebound in the first half of 2025 with a resurgence of cheaper debt.

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‘High water marking’ provisions on the rise in UK mid-market leveraged financings