Simpson Thacher Attorneys Author Bloomberg Law Article on Private Credit Restructuring
07.25.24
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Partners Jacob Durkin and Marc Hecht and Counsel Matthew Hope authored an article titled, “Direct Lenders Should Prepare for Private Credit Restructuring,” which was published by Bloomberg Law. The article discussed how direct lenders should be ready to deal with stressed and distressed investments in their portfolios as the private credit market endures some of its most challenging conditions yet and we enter a period of continued macro-economic uncertainty. The article goes on to further outline how the private credit product has evolved, how a restructuring could play out in a private credit transaction and overall considerations for direct lenders when faced with the potential need to work out distressed investments.
To read the full article, please click here.