Distressed debt & bankruptcy restructuring rankings for H1 2015: Thomson Reuters

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Completed Distressed Debt and Bankruptcy Restructuring activity totaled US$59.9 billion during the first half of 2015, a 44% decrease from the first half of 2014.

The number of completed deals also saw a significant decrease, with 109 deals during the first half of 2015 compared to the 165 during the same period last year. The two largest completed transactions during the first half of 2015 were the US$14.6 billion debt restructuring of Dubai World and the US$6 billion debt restructuring of ITR Concession Co LLC.

US completed deal activity totaled US$18.3 billion during the first half of 2015, a 34% decrease compared to the first half of 2014. There were 37 restructuring transactions completed in the US during the first half of the year, 14 fewer deals than the same period last year. The Industrials sector accounted for 40% of the US debt restructuring market, followed by Telecommunications, with a 27% share.

EMEA completed distressed debt restructuring deal volume totaled US$37.1 billion during the first half of 2015, marking a 46% decrease in activity compared to the first half of 2014. Industrials led all sectors in EMEA, with 50% of total completed EMEA distressed debt restructuring deal volume.

Asia Pacific (including Japan) completed deal volumes during the first half of 2015 reached US$2.7 billion from 26 deals, down 64% from the same period last year. High Tecnhology was the most active sector, capturing 67% of the market, followed by Industrials and Energy & Power, accounting for 22% and 11% of the market, respectively.

Worldwide Restructuring (DR1) H1 2015: Thomson Reuters

Source: Thomson Reuters

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