David Morris Weighs-in on Debt-for-Equity Swaps Rise
13 December 2023 — In an article published by Bloomberg, Senior Managing Director and Head of the UK Restructuring practice at FTI Consulting, David Morris comments on the rise in the number of debt-for-equity swaps in Europe — transactions where private credit lenders take control of their debtor companies.
“Sponsors have to pick which businesses to keep supporting. Part of that will depend on how far away they think they are from value and the speed at which they could go back to value. They aren’t going to back them all from a capital or time perspective.”
David Morris, Senior Managing Director and Head of the UK Restructuring practice at FTI Consulting
Click here to read the article (subscription required).
London, EC1A 4HD
+44 20 7632 5071
Source: FTI Consulting, Inc.