Josine Massop Comments on the Growing Trend of Private Credit Lenders Taking Control of Their Debtor Companies
London, 10 August 2023 — In an article published by Bloomberg, Corporate Finance & Restructuring Senior Director Josine Massop comments on the growing trend of private credit lenders taking control of their debtor companies against the backdrop of challenging market conditions and the increase in interest rates.
“Given M&A is slow and concerns over a prolonged difficult macro environment, sponsors are looking for a strong rationale for providing further liquidity,” Josine Massop, a Senior Director in the Corporate Finance & Restructuring segment at FTI Consulting
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Source: FTI Consulting, Inc.