Rachel Murray
Managing Director at Moelis & Co. specializing in capital structure advisory and debt/turnaround restructuring work, frequently speaks on private credit and restructuring topics.
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Mar 7, 2026 • 1h 3min
State of Distressed Debt: Moelis’ Murray on Private Credit Workouts
Rachel Murray, Managing Director at Moelis & Co., advises on capital structure and turnarounds. She discusses how private credit’s relationship-driven dynamics change restructurings. Short conversations cover tactics to create lender competition, non-pro rata economics, dual-tracking between private and syndicated markets, lender heterogeneity, and trade-offs from looser documents and lender control.
