In this edition of Capital Markets View, Chris Porter, Head of Loan, Recovery & CLO Business Development and Taron Wade, Director at LCD, part of S&P Global Market Intelligence discuss: The relative levels of Debt to EBITDA in the US and Europe; How EBITDA add backs are being viewed in the market; The fact that M&A-related deal flow is at its highest since 2008; The balance of refinancings versus new-money deals; Price flexes down in syndication is almost as prevalent as pre-crisis, and; Predictions for a good 2018 in both the loan and CLO market