Distressed Debt

Akoustis, a wireless tech concern, enters bankruptcy

Under a decision by the Third Circuit appeals court, Akoustis may have to pay post-petition interest to debtors.

H.I.G. Capital closes $1bn opportunistic credit fund

The European distressed and special situations credit fund was smaller than its predecessor.

Private debt defaults: What lies beneath?

Headline default rates in private debt may be just the tip of the iceberg, with plenty of other dangers lurking in the dark below the surface.

About this page

Distressed debt is always one of private debt’s most popular strategies but, in 2022, it’s attracting more attention than usual. Financial support offered by governments during the covid pandemic is being withdrawn, inflationary pressures are set to take their toll on company balance sheets, and many firms are struggling with staff shortages. In this environment, stress is likely to emerge and the low default rate seen in recent years will almost certainly rise. Given these factors, we are doubling down on our coverage of distressed debt and offer our readers the opportunity on this page to explore key stories, news analysis and features.

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