In this whitepaper, Ironshield Capital explores how creditors are responding to aggressive liability management exercises and the strategies used to protect positions in distressed credit restructurings.
As creditor-on-creditor conflict becomes more common, lenders are increasingly coordinating their approach to strengthen negotiating power and defend against unfavourable restructuring outcomes.
In this paper, the Ironshield team examines the role of cooperation agreements and other mechanisms shaping creditor strategy across European and global credit markets.
This paper builds on the themes introduced in Part I, which examines the rise of creditor-on-creditor violence and the liability management exercises reshaping European credit markets.
Read Part I: The Rise of Creditor-on-Creditor Violence in European Credit →
For further discussion, you can also watch our related webinar hosted by Opalesque with Founder and CIO David Nazar and senior analyst Ishar Sawhney.