5 typical concerns of cash-strapped borrowers

Welcome to the second article in a series of three. The previous article in the series covered the key grounds on which directors of cash-strapped companies could be held liable for their or the company’s acts, and in this piece we focus on five aspects of a company’s third party credit facilities (term loans, revolving…

Hedge fund activism in distressed situations

For distressed debt investors, the debt markets have in recent times been characterised by surprisingly resilient conditions despite Brexit uncertainty and the mounting case for interest rate rises. The consensus is that these are still fairly healthy times for borrowers, with the state of the markets permitting them to issue cheap debt and refinance large…