Home Inflation
Inflation
Rising rates are putting companies under pressure, but predicting widespread distressed activity continues to be a brave bet.
The past 10 years has seen debt move firmly into the investment mainstream, with signs of continued growth ahead.
Konstantin Danilov of VRS Restructuring Services examines the factors affecting the financial markets.
UK falls to second place in terms of debt transactions but the new market leader faces headwinds.
Direct lenders don’t seem rattled by a more challenging backdrop.
Financing trends are moving in favour of private debt, say Mat Linett and Randy Schwimmer, co-heads of senior lending at Churchill Asset Management.
An improving economic backdrop in Europe may not offer much hope for firms that now face the prospect of further interest rate rises
The time for lender protections is before the economic downturn, say MGG Investment Group’s Daniel Leger and Gregory Racz.
Interest rate rises to tame inflationary pressures have ‘wrought havoc’ on private debt portfolios, so how are lenders reacting?
Opportunities persist for those investors able to be flexible in a changing environment. Camille McLeod-Salmon, portfolio manager in leveraged finance at Fidelity International, runs the rule over current market dynamics.