Debtwire Private Credit Forum Europe 2026

location_on The Peninsula, London Map
17 Jun

The next frontier in selective mid-market lending

Distinguished by its lender-friendly structural protections, higher yields and lower competition from public markets, mid-market private credit deals are set to continue playing a significant role in the financing of small and medium-sized enterprises. While the strategy continues to attract strong capital flows, market stress is now most visible in the mid-market, where private credit’s heavy exposure to SaaS is driving more selective deployment.   

  • As mid-market SaaS borrowers face higher leverage and rising default risks, are structural protections becoming more essential?  
  • Are the lines between mid-market and large-cap lenders blurring as larger lenders move down-market? 
  • With European banks aggressively launching dual-track origination models and JV partnerships with private credit funds, how has the competitive landscape for mid-market deals shifted? Is this narrowing the yield premium?  
  • How are mid-market lenders evolving their documentation and inter-creditor agreements to protect themselves against ‘creditor-on-creditor- violence seen in larger capital structures?