Insolvency: A different landscape
The next cycle of corporate debt restructuring is set to be very different to that of 2001-03, thanks in part to the rise in popularity of leveraged private equity buy-outs, as James Roome explains
As the level of default and the volume of distressed debt start to climb again, the next round of corporate debt restructuring will have very different dynamics to those seen during the last peak in default rates in 2001-03.
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