KKR Sees European Credit Renaissance Fueled by Asset-Backed Boom

KKR & Co. anticipates a boom in European asset-backed debt markets, following an acceleration in direct lending and deal making across the region.

“What we have really seen this year is Europe kind of having its renaissance,” said Tal Reback, global investment strategist for the firm’s credit and markets business.“Investors are much more intrigued about how to diversify geographically,” she said on the latest Bloomberg Intelligence Credit Edge podcast.