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Please refer to the following information on M&G Real Estate funds.

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Audience

Leveraged finance

Leveraged loans can provide attractive levels of return with typically lower volatility than public markets.

M&G is one of the longest established and most active leveraged loan market participants in Europe. We were one of the first non-bank investors to enter the European market in 1999, and currently have €9.3bn* in funds under management in European loans. 

* As at 31 December 2016

Contact us

For further information about our leveraged finance investment opportunities.

Contact us

What are European leveraged loans?

In Europe, leveraged loans typically arise in conjunction with a private equity-sponsored ‘Leveraged Buy-Out’. They offer a high, floating rate of interest with security over a company’s assets, a priority position in the capital structure and a free prepayment option for the borrowing company. While not always publicly-rated, leveraged loans would typically have a sub-investment grade equivalent rating. 

At M&G, we have a long track record of investing in European leveraged loans and aim to offer investors access to this specialist, private asset class.

Why invest in leveraged loans?

At M&G, we believe loans to be an attractive investment, with the potential to provide:

  • High LIBOR-linked returns
  • Downside protection from security and first-ranking position
  • Generally more stable than public markets

Our history of investing in leveraged loans

M&G was one of the first investors in leveraged loans and is one of the largest loan managers in the European market. We first started investing on behalf of our parent company, Prudential, in 1999, and now manage pooled and segregated funds for institutional investors across the UK, Europe and Asia.

Leveraged-Finance_Bar-GraphSource: M&G as at 31 December 2016. M&G figures are shown on a nominal basis plus committed capital.
All figures cited in the chart above are correct as at the end of the year that they represent.

Our product range

M&G European Loan Fund – our pooled fund with total assets of €3.6bn+* 

Segregated loan mandates – currently 10 funds with total assets of €4.7bn+* 

* As at 31 December 2016.

Disclaimer
This page does not constitute an offer or solicitation. The value of investments can fall as well as rise. There is no guarantee that these investment strategies will work under all market conditions or are suitable for all investors and you should ensure you understand the risk profile of the products or services you plan to purchase.

M&G does not offer investment advice or make recommendations regarding investments. Opinions are subject to change without notice. Reference in this document to individual companies is included solely for the purpose of illustration and should not be construed as a recommendation to buy or sell the same.

Notice to investors in Switzerland
The Company is established as an umbrella fund with segregated liability between sub-funds under Irish law and is compliant with Swiss law for distribution to qualified investors in or from Switzerland. The Swiss representative is Société Générale, Talacker 50, P.O. Box 5070, 8021 Zurich. The Swiss paying agent is Société Générale, Talacker 50, P.O. Box 5070, 8021 Zurich. Investors in Switzerland can obtain the documents of the Company, such as the Prospectus, the Memorandum and Articles of Association and the semi-annual and annual reports, and further information free of charge from the Swiss representative. This document may only be issued, circulated or distributed so as not to constitute an offering to non-qualified investors in Switzerland. Recipients of the document in Switzerland should not pass it on to anyone without first consulting their legal or other appropriate professional adviser, or the Swiss representative.


Meet the leveraged finance team

Dan Gardner-89 x 102 
Fund Manager
Dan Gardner
Fiona Hagdrup-89 x 102 
Fund Manager
Fiona Hagdrup
Andrew Boughen-89 x 102 
Fund Manager
Andrew Boughen
Catherine Ross-89 x 102 
Director
Catherine Ross
Catherine Lloyd-89 x 102 
Associate Director
Catherine Lloyd
Cameron Low-89 x 102 
Secondary Trader
Cameron Low
Tom Lane-89 x 102 
Manager
Thomas Lane