Defaults typically occur when the bond issuer or borrower is unable to pay interest or the principal sum to investors or lenders. Events of default are defined in terms and conditions of the transaction document. In case of defaults, the possible outcomes are debt restructuring, winding-up or judicial management. At Vistra, we provide services which involve covenant monitoring for identifying early stages of default; investor communication; and coordinating with external legal counsel for enforcing the security or any other legal action against the issuer or lender.
To discuss how Vistra can help you with Default Management and Litigation, simply complete this form and one of our experts will contact you.
London, 1 February 2023: Vistra, a leading provider of expert advisory and administrative support to Capital Market, Fund, Corporate and Private Wealth clients, is pleased to announce key leadership appointments and further investments into its technological capabilities to strengthen its Loan Market Solutions (LMS) support to its Private Debt and Structured Finance clients.
Asian investment strategies are in demand, and more fund managers are considering the option to domicile their investments in Singapore using the Variable Capital Company (VCC) structure.
19 January 2023: Vistra, one of the world’s leading Fund and Corporate Service providers, announces today that Canyon CTS ('Canyon') has rebranded to Vistra.