Rising Use of Debt Moratoriums Among Swiss Companies

The recent study by Alvarez & Marsal highlights a 40% rise in the use of debt restructuring moratoriums in Switzerland during 2024. This marks the highest level in six years, with 131 proceedings initiated. While Swiss companies' adoption rate lags behind European counterparts, the trend suggests potential growth.

The debt moratorium allows financially troubled companies to protect themselves from creditors, offering time for restructuring and job preservation. Despite economic challenges, such as geopolitical tensions and rising interest rates, this tool aids business transformation.

Further increasing awareness of the debt moratorium can enhance its adoption in Switzerland, potentially modernizing practices, akin to Austria's recent advancements.