The Indian stressed loan landscape has witnessed serious tectonic shifts over the past few years – a strong regulatory push for early identification & resolution of NPAs, the enactment of the Insolvency & Bankruptcy Code (IBC), and the empowerment of specialized distressed asset investors through a series of investor-friendly measures. The Indian Government is pushing ahead rapidly to create an active secondary market for debt trading.
Global investors are keen to capitalize on this great opportunity, brought about by a combination of large supply of Non-Performing Assets in a high-growth economy. Several large PE funds and turnaround investors have already entered the market in partnership with Indian entrepreneurs and are on the lookout for suitable opportunities. The increasing presence of hedge funds and high yield investors is creating market liquidity. Resolution visibility of stressed cases, both under IBC as well as pre-IBC, is improving, creating attractive opportunities for distressed debt trades.
Our dedicated in-house research team is well poised to assist investors in sifting through all the data to identify the right investment opportunity with a strong likelihood of closure.
Over the past ten years, SSA’s close connect with the Indian banking system has led to several investors reposing faith in it in closing out a range of transactions, including several marquee ones viz. Essar Steel Limited, Bhushan Power and Steel Ltd., Jayaswal Neco Industries Ltd., Asian Colour Coated Ispat Ltd., Jai Balaji Industries Ltd., Alok Industries Ltd., Indian Seamless Metal Tubes Limited (ISMT), etc.