BDCs As Creditors of Distressed Companies: What You Need to Know

As the default rate inches higher, BDCs will likely find themselves with an increased percentage of distressed credits in their portfolios. While BDCs will share many of the goals of other institutions holding distressed debt – the desire to maximize recovery, an expeditious result, etc. – the unique characteristics of BDCs will also present issues and concerns that will apply to BDCs in particular.

This webinar, presented by Dechert and Houlihan Lokey, highlights certain of those issues and focus on areas of concern and possible solutions that matter specifically to BDCs. It also focuses on certain broader and current restructuring issues that apply across the board. In particular, the panelists focus on structuring issues, tax issues and bankruptcy issues that are of particular concern to BDCs.

To access a recording of this webinar, please click here.

To view the presentation slides, please click here.