Reported 1 day ago
In April, the U.S. witnessed a nearly 60% increase in debt restructuring activities among financially stressed companies, attributed to rising tariffs, inflation, and volatility in capital markets. JPMorgan reported $3.5 billion in distressed exchanges, up from $2.2 billion in March. This trend reflects worsening economic conditions and a shift toward restructuring as an alternative to bankruptcy, as companies hope for improvements amid ongoing economic challenges.
Source: YAHOO