The largest and most creditworthy European corporates have been having access to favorable financing markets and sub-investment grade corporates have been benefiting from an active high-yield market.
Investors in and creditors of stressed and distressed corporates, however, they face an unprecedented set of challenges. Assessing the value of stressed and distressed businesses and deciding how best to protect and extract that value has never been harder. The perspective "Assessing the Value of Distressed European Corporates" discusses major factors affecting the value of such distressed businesses and approaches to assessments of their value.
