By Princelie Fereira, Sagar Joshi, Suneet Chandvani and Tim Hynes
Overview
The next-generation Distressed Watchlist includes companies in the Distressed Life Cycle as of 3 October, according to the Debtwire Likely to Distress (LTD) Model, with a score of 91–99. In our October edition, 59 borrowers qualified for the watchlist.
The companies in the Distressed Life Cycle are defined as debtors that are experiencing financial or operational trouble that may result in their inability or unwillingness to pay debts, interest payments, or potentially any other liabilities as they become due. Note that the list does not include financial institutions.
Source: Next-generation Debtwire
