State of Distressed Debt: Ensis’ Shinder on Middle-Market Workouts
“There’s such an informational asymmetry between incumbent investors — the direct lenders who are in the deal and the sponsor — and new parties that it can be harder to bridge that bid-ask,” said Ensis Partners Co-Founder Richard Shinder, “Price transparency acts as a signal... and if you don’t have that price signal, that can be a deterrent to getting things done.” Shinder shared valuable insights into the rapidly evolving middle-market and private credit restructuring landscape in his conversation with Bloomberg Intelligence’s Phil Brendel at the Beard Group Distressed Investing Media Night…
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