The Default Notice — No time to Weight
- 9fin team
Imagine this: you’re a credit investor in a company that doesn’t have imminent restructuring triggers. You’re trying to live a normal life, so it comes as a shock when that peace is disrupted by frantic calls from restructuring professionals urging lenders to band together. What’s the rush?
From the perspective of restructuring advisers, this is a crucial and routine way to position themselves to win a mandate ahead of potential negotiations with troubled companies.