Private Credit and Middle Market Update 2024: Rising Returns and Increasing Risk of Default Driving Priming Liability Management Structures
June 10, 2024
Jeff Norton, the head of O’Melveny’s Corporate Finance Practice, Corporate Finance and Restructuring partner Jennifer Taylor, and counsel Maiah H. Parks co-authored an article for Lending & Secured Finance 2024, the latest handbook in the International Comparative Legal Guide series.
Priming credit transactions are regularly used in restructurings and special-situations investing. In “Private Credit and Middle Market Update 2024: Rising Returns and Increasing Risk of Default Driving Priming Liability Management Structures,” the authors examine various structures for providing priming and par plus liquidity for credits in distress.
Read the full article here.
Published by Global Legal Group, the International Comparative Legal Guide (ICLG) series brings key cross-border insights to legal practitioners worldwide. Lending & Secured Finance 2024 features three editorial chapters, 20 expert analysis chapters, and 35 Q&A jurisdiction chapters covering key issues.