When financial distress afflicts one of its borrowers, private credit lenders must act quickly to maximize the prospects for recovering their capital. We discuss five challenges for private credit lenders in addressing a distressed health care borrower.
This past year was marked by extraordinary deal activity. Record breaking M&A activity drove record breaking private credit activity. Private equity M&A activity was at a substantial high, with over 8,500 deals worth $2.1 trillion, a 60% increase over 2020.