9fin Quotes Ryan Cox on Growth in Preferred Equity
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For its article “Pref equity gains steam as troubled credit seek respite,” 9fin quoted Akin special situations & preferred equity partner Ryan Cox. The article looks at the growing role of preferred equity investments for companies struggling with too much debt.
Ryan noted an uptick in preferred equity activity over the past 12-18 months and said, “The scenarios in which preferred equity is needed have gotten bigger because of elements of distress, whether it’s upcoming maturities or liquidity needs.”
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