Greece, meanwhile, is searching for a systemic solution to the mountain of bad loans still on its banks balance sheets
Olga Galazoula, partner in restructuring and special situations, talks about the outlook for sellers and investors in the global NPL market.
Foreword
Over the past 12 months, we have assisted clients pursuing NPL transactions in the UK, Ireland, Spain, Portugal, Italy, Germany, Greece, Cyprus and China. Indeed, the supply and demand for non-performing assets across the globe shows no signs of abating. We believe that 2019 will continue to be similarly active regardless of whether a European, or even global, recession ensues.
2018 was another very busy year for the Ashurst global NPL practice. Our clients, ranging from sell-side banks to distressed investors, servicers and debt-on-debt providers, have taken on new challenges in both mature and emerging jurisdictions, participated in market-formative transactions and pushed the boundaries of NPL transaction structures.
Building on the success of our earlier Greek NPL Report and following our clients quest for the “next big thing” in the NPL markets, this year we wanted to go global, aiming to better understand where the future pipeline will come from and where the investment preferences of our buy-side clients currently lie. Continue reading “Greece, meanwhile, is searching for a systemic solution to the mountain of bad loans still on its banks balance sheets”