Debt restructuring: Accounting for borrowers

PwC's accounting podcast · Jul 7, 2026 · 39m · transcript

Debt restructuring accounting remains top of mind for borrowers as companies refinance debt that may have been issued in a very different interest rate environment. This episode discusses the accounting models for debt restructurings, including lender-by-lender assessments, modification versus extinguishment outcomes, troubled debt restructurings, fee allocations, and syndicated debt transactions. We break down the key considerations and share insights on navigating common challenges in applying ASC 470 guidance.

For further guidance on the accounting for this topic, see chapter 3 of PwC’s…