Distressed Debt

“Brussels is planning to lay out a raft of proposals in a bid to make it easier for EU banks to offload soured loans as it anticipates the risk of a pandemic-related wave of corporate distress.” – by Sam Fleming and Martin Arnold

“Now, after months of pandemic pressure and with no bailout forthcoming from Norway, it appears the airline may be nearing the end of the road.” – by Gabriel Leigh

” A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets away from creditors are coming to Europe.” – by Yoruk Bahceli