Loan, restructuring veterans set up advisory firm

摘要

Loan market and workout veterans Jeff Ogden and Mark Rechan have set up a new financial advisory firm, OGDEN & RECHAN ADVISORS, as defaults are forecast to spike amid the ongoing coronavirus pandemic. The firm, which was launched on July 1, will assist both companies and creditors. The move comes at an auspicious time as companies' earnings are under pressure due to the current health crisis, which has led to government-mandated shutdowns and a drop in consumer demand.