Finance and restructuring associate Katie Crispi authored an article for Global Restructuring Review titled “ESG Debt: What Restructuring Professionals Should Expect” that explains why restructuring professionals should be paying close attention to the evolution of sustainable debt.
Crispi provides background on sustainable debt and its recent growth, and the new and interesting challenges it presents. The article also discusses regulations regarding environmental, social, and governance (ESG) investing in the U.K. and how it impacts companies.
Crispi highlights how ESG covenants and material and labor shortages have the potential to trigger restructurings. She also notes what lenders and borrowers should expect and how they can take advantage of the growth of sustainable debt.