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.
Default Management & Litigation
How can we help?
To discuss how Vistra can help you with Default Management and Litigation, simply complete this form and one of our experts will contact you.
Many private equity firms are embracing ESG – environmental, social and governance – criteria, both when running their own operations and making investments. They are responding to rising investor demand and preparing for inevitable ESG reporting and other compliance regulations.
Join this webinar to learn about the fund products available in the BVI, and how it can suit your needs as an investor or manager.
China passed a comprehensive new data privacy law that takes effect 1 November. Companies operating in China and those serving China-based customers must comply with the tough new requirements or risk significant fines and penalties.