Skip to main content

Clifford Chance

Clifford Chance

Expertise & Experience

In this section

The High Yield Restructuring Landscape – A European Perspective

Clifford Chance has published a guide which outlines a number of strategies for clients navigating the increasingly complex area of leveraged debt restructuring when both high yield bonds and loans are involved. 

In recent years, the European leveraged finance market has moved from traditional syndicated loans to the use of a combination of leveraged loans and European high yield bonds.

Due to the nature of these arrangements, analysts are predicting that the next default cycle will be much larger than previous cycles.

Our European High Yield and Restructuring teams are expert in these types of financings and uniquely positioned to advise on the complexities of applying them across European insolvency regimes.

We are discussing the strategies and issues with our clients and prospective clients. If you would be interested in finding out more, please contact your usual Clifford Chance contact or request a copy of the guide below.

Resource dumped by HtmlRenderer

Resource path: /content/cliffordchance/expertise/services/finance/restructuring-and-insolvency/high_yield_restructuring/jcr:content/parCenter/share

Resource metadata: {sling.modificationTime=1446740942181, sling.characterEncoding=null, sling.contentType=null, sling.creationTime=-1, sling.contentLength=-1, sling.resolutionPath=/content/cliffordchance/expertise/services/finance/restructuring-and-insolvency/high_yield_restructuring/jcr:content/parCenter/share}

Resource type: cc/components/share

Resource super type: -

Resource properties

jcr:primaryType: nt:unstructured
jcr:created: java.util.GregorianCalendar[time=1446740942181,areFieldsSet=true,areAllFieldsSet=true,lenient=false,zone=sun.util.calendar.ZoneInfo[id="GMT",offset=0,dstSavings=0,useDaylight=false,transitions=0,lastRule=null],firstDayOfWeek=1,minimalDaysInFirstWeek=1,ERA=1,YEAR=2015,MONTH=10,WEEK_OF_YEAR=45,WEEK_OF_MONTH=1,DAY_OF_MONTH=5,DAY_OF_YEAR=309,DAY_OF_WEEK=5,DAY_OF_WEEK_IN_MONTH=1,AM_PM=1,HOUR=4,HOUR_OF_DAY=16,MINUTE=29,SECOND=2,MILLISECOND=181,ZONE_OFFSET=0,DST_OFFSET=0]
jcr:lastModified: java.util.GregorianCalendar[time=1446740942181,areFieldsSet=true,areAllFieldsSet=true,lenient=false,zone=sun.util.calendar.ZoneInfo[id="GMT",offset=0,dstSavings=0,useDaylight=false,transitions=0,lastRule=null],firstDayOfWeek=1,minimalDaysInFirstWeek=1,ERA=1,YEAR=2015,MONTH=10,WEEK_OF_YEAR=45,WEEK_OF_MONTH=1,DAY_OF_MONTH=5,DAY_OF_YEAR=309,DAY_OF_WEEK=5,DAY_OF_WEEK_IN_MONTH=1,AM_PM=1,HOUR=4,HOUR_OF_DAY=16,MINUTE=29,SECOND=2,MILLISECOND=181,ZONE_OFFSET=0,DST_OFFSET=0]
sling:resourceType: cc/components/share