23 FEB 2024

Credit market comeback

In this episode of The Insight, Vivek Bantwal, co-head of the Global Financing Group, discusses resiliency of the credit markets. “The market for risk assets is as strong as we've seen in the last two years,” says Bantwal.

As the conversation has shifted from recession risk and rate hikes to a soft landing and rate cuts, the environment is meaningfully more constructive. Meanwhile, he expects a pickup in sponsor activity will create opportunity across the capital structure. With both the reopening of the IPO market, plus a comeback of dividend recaps, sponsors are rebuilding the confidence to put new money to work.

Market data is sourced from Goldman Sachs Research.