Debt & Capital Advisory Insights Q1 2026

Our Debt & Capital Advisory team has analyzed the financing landscape for the first quarter of 2026.

The geopolitical situation and ongoing market trends are having a noticeable impact on the financing market. Companies are postponing investments, leading to a decline in demand for credit. Similarly, rising insolvency figures are leading to a further tightening of credit guidelines. We are seeing stricter requirements for collateral and financial covenants. In addition, credit spreads are once again on the rise.

In the leveraged finance market, financing volume increased in the first quarter of 2026 compared to the previous quarter. We observe that many transactions are taking longer to complete and have therefore been postponed from Q4 2025 to Q1 2026.

For both companies and investors, the coming months could bring interest rate moves by the ECB. Current inflation concerns mean that both market-related chart data and bank forecasts reflect such interest rates increases.

Despite the challenges, we see not only an opportunity for a market recovery but also the possibility of implementing upcoming financing projects with reliable financiers and on attractive terms and conditions — all with professional financing expertise.