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EU leveraged finance debt maturity risk eases as revenue growth outpaces GDP

Median EU company revenue growth accelerated in Q1 2026, outpacing nominal GDP growth, while Autos, Materials and Utilities remained the only industry groups posting revenue declines.

Meanwhile, less than a quarter of outstanding EU leveraged debt is set to mature between 2026 and 2028. Octus tracked it all across the full EU universe.

EU Leveraged Finance Q1 2026 Earnings Recap

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  • Revenue growth vs. nominal GDP: Median company revenue growth accelerated in Q1 2026, outpacing nominal GDP growth.
  • Sector breakdown: Autos, Materials and Utilities remained the laggards, posting declining revenues in Q1 2026.
  • EBITDA trends: Median EBITDA growth held at 4% in Q1 2026, marginally ahead of inflation.
  • Margin trends: Median gross profit and core cash flow increased across the board in Q1 2026.
  • Debt maturity wall: Less than a quarter of total outstanding EU debt matures between 2026 and 2028, broken down by seniority.

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