Global Markets And Restructuring Set The Stage For Private Credit Opportunities

• Published date: 14 September 2022
• Subject Matter: Insolvency/Bankruptcy/Re-structuring, Financial Restructuring, Insolvency/Bankruptcy
• Law Firm: FTI Consulting
• Author: Mr Jason Ho

The private credit market has not been popular in Asia until recent years when the public markets started to run out of steam. While investors struggle to identify value in the global markets and borrowers are financially stressed, private credit could be music to the ears of the Tiger.

China real estate debt restructuring has been a hot topic for over the past year, with almost none of the full-blown restructuring plans being announced or put in place yet, offshore creditors are feeling fatigued and have started to seek out ways to recover their position. This has given rise to a number of short-term private (di)stressed assets sales and financing opportunities in the region, especially in Hong Kong and China.

Arguably, we have only seen a handful of...