‘Creditor-on-creditor violence’ restructurings fail to stave off default
New research shows 80% of companies that complete liability management exercises default again within 3 years
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Loans trade at distressed levels after ‘chaotic’ selling as investors brace for tricky restructuring
First Brands creditors reckon with dwindling chance of repayment
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Defaults on art-backed loans soar in struggling market
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