Boom time for distressed debt

Investors in European distressed debt are enjoying rich pickings this year. But it is a risky business. Lisa Cooper finds out which types of investments could make them a fortune – and which could lose them one.


With downgrades outnumbering upgrades by eight to one in Europe over the last 18 months and high-profile companies collapsing in quick succession, it is hardly surprising that banks and hedge funds have been busy establishing new funds and proprietary investment units to take advantage of the spoils by buying up European distressed debt.

Distressed debt investors (sometimes disparagingly referred to as vulture funds) have a reputation for picking up the scraps that have been discarded

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here