Japan LBO boom draws new lenders
As Japan’s booming leveraged finance market reaches record highs, it is undergoing a gradual reorganisation, with a slew of new lenders helping the traditionally dominant Japanese megabanks to sell down risk. Japan’s LBO loan volumes have already surged to an all-time high this year at US$8.17bn via 10 deals – more than double the full-year volume of US$3.97bn for 2025, according to LSEG LPC data.



