Credit Markets Downturn (specific to LevFin)O
Hey guys, will be working for a LevFin team over the summer. heard through the grapevine that whereas they were absolutely slaughtering it up until very recently- deals left, rightm, and center, the credit markets have soured and things may be slow going forward.
I am not that well versed in the credit markets... can anyone bascially in layman's terms explain what is happening/may likely happen over the summer? Concern is if things dont pick up, team will not have the headcount to convert to FT analysts.