Trade credit insurances play a vital part in corporate finance in the German market. Yet the important role of credit insurers in restructuring scenarios is underestimated by many companies and their advisors. We examine what a trade credit insurance is and why it is important to keep insurers close in special situations.
German Mittelstand: Stakeholders in traditional corporate financings
It is often thought that stakeholder management in restructurings is all about shareholders, banks, funds and noteholders. This may largely be true of conventional financial restructurings of SPVs or BondCos. Many modern corporate financing structures and reorganisations focus on the lending-specific vehicles above the operating entities. Their complex…
Read the full article at: https://www.nortonrosefulbright.com/en/restructuring-touchpoint/blog/2024/03/credit-insurers-and-their-overlooked-role-in-corporate-restructurings