Banks are quietly fortifying private credit deals with sophisticated legal protections as distress signals emerge. J.Crew blockers now appear in 45% of deals, up from just 15% in 2023, signaling lender anxiety about coming defaults.
A sophisticated market for debt that doesn’t yet exist is booming in Europe as hedge funds sell hypothetical bonds at premium prices. This emerging “when issued” market reveals how creditors are exploiting restructuring situations for early profits while maintaining control over distressed companies
Major Packaging Group Faces Creditor Resistance Over Debt-for-Equity Swap Deutsche Bank and activist hedge fund Carronade Capital are mounting a…
Investment Bank Alleges Deception in Major Bankruptcy Jefferies Financial Group CEO Rich Handler has stunned Wall Street by publicly declaring…
