Distressed Debt Investors Beware of Disqualified Lender Lists
A recent development with credit agreements is that they contain new provisions that expressly preclude "distressed investors" from holding the loans. This article aims to alert readers of the contractual language changes in these agreements and the implications of those changes.
January 29, 2024 at 02:00 PM
6 minute read
Distressed Debt Investors Beware of Disqualified Lender Lists
Secondary Loan Trading: Disqualified Lender Lists and What You Need to Know
Investors who purchase distressed debt in the secondary loan market have learned how to weather the trials and tribulations of buying bank loans. Prices fluctuate quickly and opportunities to take strategic control of financially distressed companies are few and far between.
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