Tue 07/25/2023 09:16 AM
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The first six months of 2023 have seen a marked uptick in restructuring activity in Western Europe and it looks as though the lull in restructuring activity that we saw last year in 2022 has ended.

In our 2022 restructuring wrap we suggested there would be an increase in activity, with a high number of liability management exercises, or LMEs, the majority of which we expected to be consensual. We further set out that we expected to see amend and extend, or A&E, activity in the short term,...
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