Real estate and REITs are the industry sectors most likely to experience distress in 2024, according to FTI Consulting's 2024 Leveraged Loan Market Survey.
Two-thirds of respondents cited these categories first, compared to 48% in 2023. Retail fell to second on the list, followed by healthcare, which has been in the top three for the past two years.
The survey offers insight into bank and non-bank lenders' perspectives on the US loan industry and highlights expectations for leveraged credit market conditions in the year ahead.
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