Peru: 31.3% of creditor meetings tied to business closures, recovery plans shift

A Peruvian report finds 31.3% of creditor meetings are linked to business closures, with some firms pivoting from recovery to final exit while others renegotiate debts. This signals elevated corporate distress in Peru, though the sample scope and methodology are unclear. It matters as a gauge of local credit stress and potential ripple effects on banks and employment.