Davis Polk Restructuring co-heads and partners Marshall Huebner and Damian Schaible, partner Angela Libby and associate Paavani Garg authored “More Restructuring Is Coming for Credit Lenders and Investors” in Bloomberg Law. In the article, they discuss the outlook for restructuring in 2023. They predict that the 2023 credit market will be challenging for lenders and investors and that the next six to nine months are likely to see many liability management transactions as both private equity sponsors and public companies turn to their existing investors for liquidity and maturity extensions.

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