As the recession starts to bite, Spain is headed for a rise in debt transactions. This could create opportunities for international investors, say Victor Viana and Luis Suarez de Centi
Various factors suggest that the current global economic situation could lead to a proliferation of distressed debt transactions in the near future in Spain. These factors include the growth of the Spanish macroeconomic indices during the last decade, low interest rates – which have led to the over-leveraging of the Spanish corporate market players in recent years – and the economic recession that Spain is currently undergoing.
