European private credit in 2026: robust under pressure

July 09 2026

Europe’s private credit market is under pressure from macro stress, regulatory scrutiny and covenant concerns, but its resilience may rest on the same features that drove its rise

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Aymen Mahmoud

London office Managing Partner and European Head of Finance McDermott Will & Schulte

Kalish Mullen

Partner McDermott Will & Schulte (Paris)

William Gibson-Dancer

associate McDermott Will & Schulte (London)