FIS Horizons 2023 Brochure - Riding the wave - Flipbook - Page 19
European leveraged
loan restructurings:
why the next downturn
will be different
Tom Astle
Partner, London
Francis Booth
Partner, London
James Maltby
Partner, London
Jo Robinson
Partner, London
Susan Whitehead
Senior Consultant, London
Although the IMF recently announced at Davos that it would upgrade its
global economic forecasts, with an improvement predicted in the later part
of 2023 and into 2024, times remain difficult for many companies and their
lenders – and are likely to remain so for a while yet.
In this article, we look at how current trends in the UK and European leveraged loan markets
may affect the way in which future restructurings may play out, new UK legislative hurdles that
may need to be factored in to any potential restructuring and (on a more positive note!) the new
UK tools such as the restructuring plan that may assist a company in achieving a successful
restructuring despite creditor or shareholder objection.
Read the full article here.
Article correct as of 19 January 2023.
