EUROPEAN Leveraged Loan Default Monitor December 2025 Key Takeaways EUROPEAN DEFAULT MONITOR | PERMISSION TO REPRINT OR DISTRIBUTE ANY CONTENT FROM THIS PG 2 PRESENTATION REQUIRES THE PRIOR WRITTEN APPROVAL OF PITCHBOOK DATA, INC. • Payment defaults in the Morningstar European Leveraged Loan Index (ELLI) rocketed to a five-year high of €4.5 billion in 2025 (by amount), from just €475 million at the start of the year. • Colisee Patrimoine Group joined the ranks of big-ticket blowouts in December after the Fr ...