The German private credit market has demonstrated mixed performance over the last 12 months amid broader economic and political challenges. In the first half of 2024, private credit deal activity in Germany showed resilience, aligning with overall European trends that saw a recovery in Q2 after a weaker Q1. This upward movement reflected improved deal volumes, especially in refinancings and bolt-on acquisitions. The second half of 2024 has seen a slowing down of activity and a shift towards rescue financings.

In the latest Chambers and Partners Practice Guide on Private Credit, Dr. Michael Josenhans, Dr. Lucas Lengersdorf, and Karl Kuhn review the regulatory environment, tax considerations, enforcement aspects, and more specific to the German private credit market.  

Download the guide below.