The October Debtwire Middle Market Watchlist highlights bonds and loans of levered borrowers that are either engaged in balance sheet restructurings or face imminent pressure to reduce debt.
The Debtwire Middle Market universe typically covers credits with funded debt of USD 150m or less and an overall total debt load of USD 300m if the debt includes a revolver.
The companies with bonds and loans are in different lists and are currently trading at 80 or below.
Accompanying each security are recent trading lists and metrics indicating credit quality. Links to the latest Debtwire intelligence and headlines on the assigned borrowers are provided for insight into the specific risk factor.
In our October edition, 25 borrowers made the cut.