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Energy Sector Accounted for 58% of U.S. Debt Restructuring Activity in First Half, Report

July 18, 2017, 08:01 AM
Filed Under: Bankruptcy

Global firms providing distressed debt and bankruptcy restructuring services completed deals valued at $105.9 billion during the first half of 2017, a 28% increase over the same period last year, according to data from Thomson Reuters published by HITC.

According to the Distressed Debt & Bankruptcy League Table H1 17, here were 139 completed restructuring transactions worldwide, 12 fewer compared to the first half of 2016. 

U.S. completed deal activity totaled $55.7 billion during the first half of 2017, a 123.2% increase compared to the first half of 2016. There were 51 restructuring transactions completed in the U.S. during the period, three more deals than completed during the first half of 2016. The Energy & Power sector accounted for 58% of the U.S. debt restructuring market. The Materials sector followed in second, with a 22% share.





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