AlixPartners DACH Debt Report

Twice a year, AlixPartners publishes the DACH Debt Report, providing an in‑depth analysis of debt and refinancing conditions across Germany, Austria, and Switzerland (DACH). In the report, our experts examine how corporates are navigating an increasingly demanding financing environment shaped by higher funding costs, tighter credit conditions, and greater lender scrutiny.

Drawing on detailed data analysis and market observations, each edition explores how refinancing outcomes are evolving, the role and reliability of private debt as a funding source, and how balance sheet strength, leverage, and cash flow generation influence access to capital. Recent editions have highlighted the growing importance of disciplined cash flow management as a prerequisite for successful refinancing, particularly as significant volumes of corporate debt approach maturity.

In addition to regional market analysis, the DACH Debt Report regularly includes sector perspectives and industry deep dives – for example in Automotive and Chemicals –, offering insight into areas facing elevated refinancing pressure and illustrating how macroeconomic, structural, and sector‑specific factors intersect in the current debt landscape.

This page brings together all previously published editions of the DACH Debt Report, providing a comprehensive view of how debt markets in the region are evolving over time: