High Yield Industry Update: Analyzing debt exposure
Reorg's recent high yield industry update included an analysis of companies’ exposure to floating-rate debt and near-term maturing debt, which indicates a high concentration of rising rate risk in a number of consumer and technology sectors. Sectors identified as having higher exposure that may potentially result in higher interest costs include: Consumer durables and apparelRetailingHealthcare equipment and suppliesSoftware and services This analysis was developed using Credit Cloud, newest data offering for leveraged finance and restructuring. Through Credit Cloud, Reorg has analyzed details on companies’ capital structures, including debt, cash and EBITDA, and then separated companies by sector using the Global...
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