Leveraged finance may not have many mergers and acquisitions (M&As) to feed off right now, but it remains one of the busier financial market segments. The Europe, Middle East and Africa (EMEA) leveraged finance team at JPMorgan has been leading the pack, working on an impressive number of new underwrites and bringing some creativity to the refinancing market.
Unlike some of its competitors, JPMorgan emerged from 2022 relatively unencumbered by loss-making deals. “We started 2023 without any overhang from last year,” says Daniel Rudnicki Schlumberger, JPMorgan’s head of EMEA leveraged finance.