Distressed Debt

DOWNLOAD: Fundraising sees Q3 revival

Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.

Survey: Private credit secondaries’ surge has not yet come

Campbell Lutyens also finds concerns among investors that private credit is growing too quickly.

LSTA maps out road to legal protection for lenders

Corporate loan trade group outlines best practices, addresses liability management transaction protections.

Oaktree’s Matthew Wilson sees upswing in sponsor-based activities

Oaktree's SSF III has deployed nearly 55% of its nearly $3bn total raised, with investments in companies such as NexGen and TriMark.

About this page

Distressed debt is always one of private debt’s most popular strategies but, in 2022, it’s attracting more attention than usual. Financial support offered by governments during the covid pandemic is being withdrawn, inflationary pressures are set to take their toll on company balance sheets, and many firms are struggling with staff shortages. In this environment, stress is likely to emerge and the low default rate seen in recent years will almost certainly rise. Given these factors, we are doubling down on our coverage of distressed debt and offer our readers the opportunity on this page to explore key stories, news analysis and features.

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