HEADLINES -
-Rising interest rates and reduced refinancing options are increasing the likelihood of restructuring and financial distress in the next 12 months
-Cov-lite debt packages have given borrowers breathing...more
2/2/2023
/ Borrowers ,
Coronavirus/COVID-19 ,
Debt Restructuring ,
Financial Distress ,
Interest Rates ,
Investment ,
Investment Adviser ,
Investors ,
Lenders ,
Private Equity ,
Refinancing ,
Restructuring
A strong market for refinancing and low interest rates have enabled most borrowers in Europe and the US to avoid bankruptcy and restructuring procedures -
So far this year, fewer European and American businesses have...more
Cov-lite loans can leave lenders with limited restructuring options, but creative lenders will still find ways to bring debtors to the table -
Recent data shows that investor protection in loan documents has fallen to its...more
7/13/2019
/ Board of Directors ,
Bonds ,
Covenant Lite Deals ,
Debt Market ,
Debt Restructuring ,
Debtors ,
EBITDA ,
EU ,
Fiduciary Duty ,
High-Yield Markets ,
Investor Protection ,
Lenders ,
Leveraged Debt ,
Material Adverse Events ,
Protective Covenants ,
UK