High Yield

Overview

The High Yield division endeavors to streamline and to lower the costs of executing high yield debt capital markets transactions, and lobbies for the reform of corporate insolvency laws. In the long term, the division seeks the pan-European harmonization of insolvency laws for cross-border corporate restructurings. Further, the division has, in line with market developments, increased its coverage of, and focus on, relevant leveraged loan and sustainable finance matters. This includes an increased discussion and analysis of leveraged loans and CLOs, and an increased emphasis on the interplay between the high yield bond and leveraged loan markets, as well as the impacts from the fast-evolving ESG market.

AFME staff work with teams of experts from member firms on projects ranging from informal discussion groups and educational webinars to producing standard form documents and market practice guidelines.