LIABILITY MANAGEMENT OPTIONS for sub-investment grade corporates have dwindled to a very short list in this downturn. With no new money available from the banks, debt exchanges and buybacks have ...
Credit conditions deteriorated in the wake of US tariff announcements, with company defaults increasing and distressed debt exchanges dominating the market, according to Moody’s Ratings. In the three ...
Elevated interest rates, market volatility and refinancing challenges are increasing the risk of re-default for companies that previously engaged in distressed-debt exchanges and complex ...