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Private debt funds ready to take advantage of the crisis

2020-10-14T19:00:59.334Z


They are active in ongoing debt restructuring. They also buy back bank loans.


With the crisis, the list of companies in difficulty continues to grow.

After Solocal, Technicolor or Europcar, Vallourec and AccorInvest (a real estate subsidiary of the Accor hotel group) are in turn restructuring their very significant debts.

Others are expected.

"Debt restructuring will gradually increase in the first half of 2021 and continue throughout the year, when the shock absorbers of the crisis will have been used"

, underlines François Guichot-Pérère, at Lazard.

Read also:

The debt of French companies at the highest

Significantly, in several current issues, private debt funds are in the process of maneuvering.

In fact, these actors, mainly Anglo-Saxon (Apollo, Centerbridge, SVP, Golden Tree…) are financing more and more French companies.

In 2018, France was also the second European market in this area (35% of transactions carried out), according to a study by France Invest.

Debt funds, which have raised a lot of money in recent years, are now

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Source: lefigaro

All business articles on 2020-10-14

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