Sponsors in situational distress and those seeking opportunities are driving €5.6b of alternative lending demand

Rivercrown, which revealed it had launched an alternative lending arm recently, said that despite the lockdown of economic activity since March this year, £5.2 bn (€5.6 bn) of credit opportunities has hit its desk, of which £3.3 bn meet the target returns for its special situations vehicle launched at the onset of the Covid-19 crisis. 

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