Dr. Edward Altman Says Commercial Bankruptcies Are Set to Spike in 2024-25
Octus Radio
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Zombie Companies Avoid Bankruptcies
There are various types of violence, as you call it, or I would call it creative distress procedures to keep the firm alive. The most efficient one from a firm standpoint anyway is an equity for debt swap. Most law firms are pretty advanced now in dealing with these, especially in the high yield bond market. So hopefully that answers where we are today. And I'm happy to speak to anything else you'd like to ask about zombies.
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