Strong Revolver Recovery Rates in Recent Bankruptcies
Banking & Financial Services / Global / Tue 22 May, 2018
Median revolver usage rates on bankruptcy petition dates were consistent year over year for companies that recently exited bankruptcy, clocking in at even levels to the May 2017 revolver study.
"The average and median utilization rates for cash flow facilities with usage disclosed on bankruptcy petition dates were 78 percent and 92 percent