REPORT
February 2025
Read time: 3 min
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.
On March 18, 2025, we hosted a webinar on hybrid capital, following the release of our quarterly editorial. Watch the “Credit Conditions: Hybrid Capital” webinar recording to learn more.
For more, access our Credit Conditions resource page.
