The number of global distressed debt and restructuring deals rose in the first nine months of 2013, reports Thomson Reuters’ Distressed Debt and Bankruptcy Restructuring Review. Completed transactions totaled 342 at the end of September, up 33% from one year ago. However, deal values, totaling US$99.6 billion to date, fell 74% over the same period. Market activity in the United States, reflecting 95 transactions valued at US$40.9 billion, also showed growth in volume, and a slight dip in dollar flows. Media and entertainment companies accounted for 22% of U.S. distressed debt and restructuring activity.
For a copy of Distressed Debt and Bankruptcy Restructuring Review, please visit the website of Thomson Reuters’ Deal Making Intelligence.
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