Special report — In distress: leveraged loan market grapples with restructuring
A shallow pool of distressed-debt investors, bank lenders postponing inevitable losses and the difficulty of calling a bottom for company valuations are combining to make debt-for-equity restructurings a traumatic process. Tessa Wilkie reports on the outlook for a leveraged loan market attempting to sort out the turmoil of collapsing deals.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: