In The Press September 11, 2020

Mid-Market Issuers Revert To Traditional Lenders As PPP Lifeline Runs Dry (Debtwire)

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.