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Thursday, October 8, 2026The Morning Brief →Sign in
The Credit OpenThe Wrap

Debtwire counts 39 French H1 2026 restructuring mandates as lenders take ownership

The counted mandates cover €14.57bn of debt; Alvarez & Marsal ties lenders' stronger hand to a 2021 cram-down reform.

By The Wrap DeskThursday, October 8 at 7:33 AM ET

At a glance

15-second brief

  • Debtwire counted 39 restructuring mandates in France during the first half of 2026, covering €14.57bn of debt.

  • Alvarez & Marsal attributes the shift in creditor leverage to a 2021 reform of French insolvency law that, in the firm’s assessment, underpins creditors' stronger position in French restructurings.

Debtwire counted 39 restructuring mandates in France during the first half of 2026, covering €14.57bn of debt. Lenders ended up with ownership in those cases, according to the same count.

Alvarez & Marsal attributes the shift in creditor leverage to a 2021 reform of French insolvency law that, in the firm’s assessment, underpins creditors' stronger position in French restructurings.

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Sources & further reading
Debtwire · Alvarez & Marsal
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