Rates have increased from 1% to 5% over the last 6 years. This will lead to defaults as some companies need to refinance, reduced activity in some sectors – but also opportunities for some industries as competition for their inputs falls. Markets do not seem to have priced this new paradigm yet.
In this report, we look into which companies will need advisory support or capital, which companies will be able to take advantage of this environment to grow, and how debt financing structures will change.
