Welcome to this edition of Credit Conditions, a quarterly publication from McDermott Will & Emery that analyzes recent debt market trends.
The fourth quarter of 2024 marked a pivotal moment in the debt market, as the Federal Reserve’s strategic two quarter-point rate cuts brought the year-end top line rate to 4.50%, setting the stage for a dynamic financial landscape. This coupled with a strong rebound in the private equity M&A sector, where exits surged by nearly 50% in count and 16% in value year over year, totaling $413.2 billion across 1,501 deals, sets the stage for continued growth in 2025.
Access the full newsletter below, and secure your spot for our upcoming Credit Conditions: Hybrid Capital webinar on March 18 here.
