IFR’s German Mittelstand Financing Roundtable, convened via video call in mid-December, found speakers in contemplative mood. Deal flow and market activity were starting to slow and the focus was very much on expected financing activities from Germany’s Mittelstand and how financing flow would likely break down in 2023. The discussion focused on activity in the loan market against the backdrop of a volatile and uncertain year. Syndicated loan bankers typically have a good sense of future deal flow on the basis of the maturity profile of...Read more