Distressed investments will be on the rise in 2015, particularly in Europe, according to Debtwire Europe’s 11th European Distressed Debt Outlook, produced in association with Orrick and Rothschild. High yield bonds, in-court workouts and direct lending are also expected to gain traction in 2015, with economic growth in the EU anticipated to be low or stagnant.
Orrick Partner and Co-head of Europe Restructuring, Stephen Phillips, recently spoke on the Debtwire panel addressing these issues. For additional information, please contact Stephen.
The full report is attached here.