Middle market issuers’ access to liquidity through the Payroll Protection Program (PPP) led many to shy away from traditional lending sources as the program provided a temporary cushion against pandemic-driven business disruptions. But as the government liquidity injection runs dry and distressed industries face a potential restructuring tsunami, those companies are returning ring to traditional lenders for cash, according to Kristopher Ring, a debt finance lawyer at Goodwin. Read the article in Debtwire here.