In the News
How to Win at Restructuring in the Gilded Age of Private Credit
September 13, 2024
Author
Timothy John Carter
Director, Boston
tcarter@goulstonstorrs.com+1 617 574 3561When broadly syndicated bank loans dominated debt finance, law firms without deep-rooted connections with the banks issuing those loans were at a disadvantage when it was time to restructure a deal.
Thanks to the rise of private credit (loans issued by non-bank lenders, private equity firms, and alternative asset managers), there are new opportunities in the restructuring market, making it more competitive than ever.
G&S attorney Timothy Carter is quoted on these market dynamics and how practitioners have adapted to position themselves for success in this Law.com article here.
If you weren’t an experienced partner with connections to institutional lenders, entire swaths of the market could be out of reach.
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