Distressed debt & bankruptcy league table H1 17: Thomson Reuters

Thomson Reuters Logo

Completed distressed debt and bankruptcy restructuring activity totaled US$105.9 billion during the first half of 2017, a 28% increase from the same period last year.

There were 139 completed restructuring transactions worldwide, 12 fewer compared to the first half of 2016. The two largest completed transactions during the first half of 2017 were the US$9.9 billion debt restructuring of Abengoa SA and the US$8.8 billion debt restructuring of Peabody Energy Corp.

US completed deal activity totaled US$55.7 billion during the first half of 2017, a 123.2% increase compared to the first half of 2016. There were 51 restructuring transactions completed in the US during the period, 3 more deals than completed during the first half of 2016. The Energy & Power sector accounted for 58% of the US debt restructuring market. The Materials sector followed in second, with a 22% share.

EMEA completed distressed debt restructuring deal volume totaled US$45.9 billion during the first half of 2017, relatively flat compared to the same period last year. The Energy & Power sector accounted for 43% of the EMEA debt restructuring market. Industrials followed in second with a 29% share of the market, with Financials following closely in third capturing a 16% share.

Asia Pacific (including Japan) completed deal volumes during the first half of 2017 reached US$4.1 billion, a 4.6% decrease compared to the same period last year. The region saw 28 completed deals during the first half of the year, 9 fewer than the first half of 2016.

Distressed Debt Restructuring Worldwide Completed (DR1) H1 2017: Thomson Reuters

Source: Thomson Reuters

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts