News & Analysis as of

Leveraged Finance Borrowers Debt Restructuring

Hughes Hubbard & Reed LLP

Developments in Leveraged Finance — Know Thy Lender

Nov. 12, 2025 – “Know thy enemy” is often attributed to Sun Tzu, who famously advised “[i]f you know the enemy and know yourself, you need not fear the result of a hundred battles.” Centuries later, as many of us with...more

White & Case LLP

Downgrades, defaults, distressed debt and refinancing

White & Case LLP on

Abundant liquidity, a red-hot refinancing market and improving credit ratings combined through the first half of 2021 to limit defaults and ease any near-term pressure on the balance sheets of US borrowers. Borrowers...more

Hogan Lovells

When direct lending turns distressed

Hogan Lovells on

The recent Debtwire European Mid-Market Forum opened with a presentation from Paul Johnson of the Institute of Fiscal Studies. He warned the delegates of storm clouds gathering over the economy, suggesting that we may begin...more

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