2021 Corporate Restructuring Report

12 January 2021

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Debtwire is pleased to present the 2021 Corporate Restructuring Report, published in association with SS&C Intralinks. Based on research conducted with corporate finance executives and restructuring lawyers in every region of the globe, the report considers the outlook for corporate restructuring over the next 12 months and beyond.
 
Key findings include:
 
  • Corporate restructuring is accelerating, with 73 percent of respondents in the process of a major restructuring or planning such activity.
  • Such restructuring is significantly more likely to involve divestment processes than M&A activity—94 percent of respondents predict an increase in divestments over the next 12 months; only 37 percent say the same of M&A.
  • Respondents expect divestment (59 percent) to be the most common form of restructuring activity over the next 12 months, followed by a withdrawal from unprofitable areas (49 percent).
  • The most significant drivers of restructuring activity will be the global macroeconomic slowdown (cited by 49 percent) and the need to respond to financial stress (also 49 percent).