Debtwired!

In this episode of the Debtwired! Podcast, Horst Fuerpass, partner at Falkensteg, joins Johannes Koch, restructuring reporter at Debtwire, to talk about the precarious and often overlooked role trade credit insurers play in financial restructurings.With a particular emphasis on cases in the automotive sector, a hotbed of restructuring activity in Germany, Horst unpacks how trade credit insurers operate, the potential risks you can run into if they are brought into a process too soon or too late, and how to manage this key stakeholder that has the potential to gate crash a restructuring if not appropriately managed.

On the Debtwired! Podcast, Clark Nicholls, CIO of Aucit Investment Management, joins Debtwire Europe's Head of High Yield Adam Samoon to explore trade ideas in the European High Yield asset class.Aucit Investment Management focuses on capturing the richest alpha trades in high yield and identifying the best yields per unit of risk.European High Yield index spreads have tightened in recent weeks but there are still reasons to consider investing in the asset class. There are opportunities in high rated credits as well as lower rated CCCs depending on risk tolerance according to Nicholls.The podcast explores which sectors and thematic trades can offer the best considerations for investors currently.#highyield #highyieldbonds #bonds #debtwired

In this episode of Debtwired!, Brian Resnick, partner in Davis Polk's restructuring group and head of the firm's Liability Management & Special Opportunities practice, joins Debtwire co-managing editor, Madalina Iacob, to discuss the current state of restructurings, how LMEs have evolved in the past year, what creative workaround structures he has seen post the Fifth Circuit decision in Serta, and the evolution of Davis Polk's preeminent restructuring practice.Brian also shares with us how he transitioned to law from being a Juilliard-trained professional musician playing on Broadway and Saturday Night Live, and how he co-produced a Tony Award-winning Broadway show.

In this episode of the Debtwire podcast, Justin Lee, partner at Weil, Gotshal & Manges, joins Melina Chalkia, Debtwire's primary market reporter for North America, to unpack the evolving landscape of liability management exercises. Justin Lee is the co-head of Weil's banking and finance practice and global head of liability management and strategic capital solutions. His practice involves advising institutional lenders, direct lenders, asset managers and corporate borrowers on all types of financing transactions. Lee has worked on high profile deals for companies like Clarios Global, Hertz, Krispy Kreme and Dye & Durham. With 2024 dubbed the “year of LMEs,” this episode explores whether that momentum is carrying into 2025. Lee weighs in on how sponsor creativity is evolving and whether the tariff-driven market volatility is shifting the tone. He dives into the structural trends shaping deal terms, the rise of co-op groups and how borrower-lender dynamics are changing. Lee also goes through Weil's practice, what the pipeline looks like and what the future holds for LMEs.

In this episode of Debtwired, Scott Greenberg, global chair of Gibson Dunn's restructuring practice and a member of the firm's executive committee, joins Debtwire co-managing editor, Madalina Iacob, to discuss how the shifting market dynamics are influencing deal activity, liability management exercises (LMEs), and the restructuring outlook for the year.Scott talks about multi-tier LME trends, carve-out premiums, group formation strategies, and the impact of cooperation agreements on deal outcomes. He also takes a deep dive into cross-border LMEs and the cultural differences impacting investment decisions.

In this episode of Debtwired, Oaktree's Brook Hinchman, head of North America for the global opportunities strategy, and Jared Parker, co-head of the team, join host Debtwire reporter Ayse Kelce to discuss credit strategies during macroeconomic volatility and their outlooks on different sectors. Oaktree raised USD 16bn with its Oaktree Opportunities Fund XII this year to invest in opportunistic liquid credits, rescue financings, debtor-in-possession financings, exit financings, loan portfolios, platforms and opportunistic capital solutions. In this conversation, Hinchman and Parker share their perspectives on how to create opportunities in public and private credit during market uncertainty. They share insights about sectors that are expected to experience more pressure and others that are more resilient to tariff and rate pressures.

In this episode of the Debtwired! podcast, Mike Nowakowski, Head of Structured Products at Conning, joins Melina Chalkia, Debtwire's primary market reporter for North America, to break down why esoteric ABS has become one of the most compelling areas of the credit market for 2025. Nowakowski leads the structured products team at $ 170bn global asset manager Conning, which invests across ABS, CMBS, RMBS and other securitized markets. Esoteric ABS is gaining traction, now making up more than 30% of total ABS issuance, with outstanding supply at nearly $900bn. In this conversation, Nowakowski explains the advantages of investing in esoteric assets, like shipping containers, data centers and music royalties, compared to traditional fixed-income investments. He shares insights on data center ABS deals, the increasing crossover between ABS and CMBS, how institutional investors are increasingly allocating capital to esoteric ABS, and the rapidly evolving solar ABS market.

On this episode of the Debtwired! podcast, Michael Ewald, Bain Capital's global head of private credit, joins Melina Chalkia, Debtwire's primary market reporter for North America, to unpack how one of the biggest players in the space is navigating a volatile credit environment. Ewald, who joined Bain Capital in 1998, is a Partner, Global Head of the Private Credit Group, Portfolio Manager for the Middle Market Credit and Senior Direct Lending strategies, and a Credit Committee member. He also serves as CEO of Bain Capital Specialty Finance, a registered business development company. In this conversation, Ewald discusses how Bain is deploying capital amid the volatility driven by President Trump's tariff threats. He explains where he finds opportunities in today's market, what sectors he avoids and his continued focus on the core middle market. The conversation also touches on key shifts in covenant protections and pricing. As syndicated deal flow slows, private credit continues to draw interest.

In this episode of Debtwired, Claire Madden, a founding partner at Connection Capital, discusses the evolution of private capital since the firm's inception in 2010. She explores changing investor appetite, the sectors and asset classes currently attracting interest, and how macroeconomic and political factors are influencing investment strategies. Claire also highlights Connection Capital's approach to addressing risks, liquidity concerns, and the future of private capital investments.

In this episode of Debtwired, Albane Poulin, Head of Private Credit at Gravis, discusses the evolving role of private credit in infrastructure and real estate finance across the UK and globally.

On this episode of the Debtwired! podcast, Thomas Kennedy, Chief Investment Strategist for JP Morgan Private Bank, joins Melina Chalkia, Debtwire's primary market reporter for North America, to discuss how debt markets are responding to the shifting monetary policy and geopolitical tensions. Kennedy leads the development of the bank's global economic and investment views, while serving as the chair of the Global Investment Strategy Group. Previously, Kennedy worked at the Federal Reserve Bank of New York for eight years, holding various research and policy positions.In this conversation, Kennedy discusses the interest rate outlook for 2025 and how high yield markets will be impacted by President Trump's tariffs. He highlights where he finds the best investment opportunities in debt markets and direct lending. #JPMorgan #Outlook #Debt, #Investment Opportunities #Direct Lending

Dennis Heuer, partner at White & Case, joins Debtwire's Johannes Koch to explore the impact of the Secondary Credit Markets Act (Kreditzweitmarktgesetz) on the market for non-performing loans.The act, or NPL-directive for short, was introduced just over a year ago in Germany to help foster a deeper and more liquid secondary market for non-performing loans. Now that the dust has settled on its introduction, Heuer reviews the basic tenants of the law, how it has impacted market participants and ultimately, gives us a view on whether it has delivered, or has yet to deliver, on its promise.Heuer is a partner at White & Case and an expert in structured finance and securitisation within the law firm's EMEA Structured Finance Group. He represents clients, among them banks, insurance companies, debt collectors and multinational corporates on a wide range of cross-border transactional and advisory matters.

In this episode of Debtwired!, host Amelia Weitzman speaks with Danyal Khan, founder of Altocrest Advisory, about the challenges businesses face in debt financing. With over a decade in institutional banking and advisory roles, Khan discusses his motivation for launching a boutique advisory firm to better serve UK businesses, especially with EBITDA between £1-5 million, a segment often overlooked by larger financial institutions.Khan explains how debt advisory services can help businesses navigate a complex and expanding lending landscape, ensuring they secure financing suited to their needs. He highlights common mistakes businesses make when raising debt, misconceptions about debt, and the benefits of boutique advisory firms. #privatecredit #M&A #Debtwire #dealfinancing #refinancing

On the latest episode of the Debtwired! podcast, Engin Okaya, executive managing director at PGIM Private Capital, joins Melina Chalkia, Debtwire's primary market reporter for North America, to discuss trends and strategies in private credit. Okaya oversees the private placement and mezzanine activity for PGIM Private Capital's Atlanta, Chicago, Minneapolis and New York Global Corporate Finance offices. She is also a partner of PGIM Capital Partners, the middle-market mezzanine debt and structured equity fund management business, sponsored by PGIM Private Capital. In this conversation, Engin explains PGIM's approach to evaluating lending opportunities, emphasizing a structured framework that balances risk and return. She highlights the appeal of middle-market companies and discusses the growing collaboration between private credit firms and banks to diversify portfolios and enhance deal origination. The conversation also touches on sector-specific investment opportunities in private credit for 2025. Lastly, Engin elaborates on the growing role of artificial intelligence in private credit investment decisions and highlights her view of AI as a tool to enhance, not replace, human decision-making.#PGIM, #Private Credit, #Market Opportunities, #Artificial Intelligence

In this episode, Debtwire's Amelia Weitzman is joined by Kirstie Hutchinson and Adam Caines, both private capital partners at Macfarlanes, to discuss documentation in Europe's mid-market. Listen in to hear how much the gradual loosening of documentation is putting direct lenders on the backfoot of borrowers, whether there are any new clauses that raise alarm bells, and much more.

Jennifer Daly, head of private credit and special situations at Paul Hastings talks to Madalina Iacob, co-managing editor of Debtwire North America about trends in the private credit market and her outlook on deal environment under the Trump administration. She delves into deal structures and the latest covenant protections that private lenders are requesting.

On the latest episode of the Debtwired! podcast, Laleh Bashirrad, managing director at BNP Paribas' leveraged syndicate team, speaks to Melina Chalkia, primary markets reporter of Debtwire North America, about the latest trends in the broadly syndicated market and the 2025 outlook.Bashirrad has over two decades of credit experience advising sponsors as well as large and midcap clients on capital structure and pricing considerations for buyouts, acquisitions, recapitalizations and refinancings. In this podcast, Bashirrad gives an overview of the current supply and demand dynamics in the BSL market and outlines her optimistic view on demand for high yield products. While she expects the trend of refinancings to continue to dominate in the early months of 2025, she notes the building M&A pipeline could bring forth robust activity for the rest of the year. Bashirrad also highlights partnership opportunities between BSL and private credit, which are often seen as competing market players.

In this episode, Debtwire's Amelia Weitzman is joined by Nael Khatoun, an MD and portfolio manager within Oaktree's European private credit strategy. We dive into the newly formed partnership between Oaktree Capital and Lloyds Bank, a strategic alliance aiming to redefine private credit solutions in the UK's highly competitive market. Our guest discusses how this collaboration is already creating valuable opportunities by blending Lloyds' market expertise with Oaktree's capital strategies, delivering faster, more flexible financing options for clients in a tightening credit environment. We also explore key market risks, including elevated interest rates, the rising influence of retail investors in private credit, and sector-specific investment trends such as life sciences and NAV finance. #privatecredit #directlending #M&A #debt #debtwire

Debtwire's Amelia Weitzman is joined by Ambarish Dash and Will Nevin, partners within Herbert Smith Freehill's banking and finance division. Will is a London-based partner with over 20 years of experience in acquisition and leveraged finance, and Ambarish is also partner in the London office specializing in domestic and cross-border leveraged finance, particularly advising private equity sponsors and financial institutions on acquisition financings.We'll hear their views on recent trends in the financial institutions market, or ‘FIG' as it's referred to, with a focus on private credit terms.#privatecredit #FIG #HerbertSmithFreehills

On this episode of the Debtwired! Podcast, Ben Thompson, Head of EMEA Leveraged Finance Capital Markets at JP Morgan, discusses the outlook for primary issuance in the European leveraged loan and high-yield bond markets with Jelena Cvejic, Debtwire Europe's Head of Leveraged Loans.As we are currently closing in on the second-busiest year ever in terms of gross volume in the European leveraged finance market, Thompson shares an overview of the pace and type of issuance expected in the fourth quarter.During the conversation, we discuss the evolving demand and supply dynamics, including the flow of money across floating and fixed rate asset classes, CLO creations, yield compression, refinancing and new money activity, as well as M&A and LBO deal making.We also touch upon the co-existence of the leveraged loan and high-yield bond markets with private credit.#leveragedfinance #leveragedloans #highyieldbonds #CLOs #M&A #LBO

South Square Barrister Georgina Peters and Sarah Paterson, Professor of Law at LSE, discuss the court's discretion when sanctioning a restructuring plan.

On the latest episode of the Debtwired! podcast, Mohamed Damak, Managing Director, Global Head of Islamic Finance at S&P Global Ratings, joins Debtwire CEEMEA's Mariam Meskin to delve into one of the latest developments in the sukuk market. AAOIFI, the Accounting and Auditing Organisation for Islamic Financial Institutions, last year published its draft of Shariah Standard No. 62, which — if adopted as proposed — would alter the credit profile of sukuk from an asset-based structure to an asset-backed one.The standard could be adopted and formalised by as soon as next year. Its implementation could "disrupt" the global sukuk market, as Mohamed outlines in this podcast. In his capacity as Global Head of Islamic Finance at S&P Global Ratings, Mohamed leads their cross-practice analytical thought leadership initiatives and credit rating activities in the Islamic Finance sector globally.

In this episode, Hossein Dabiri, Head of Court Reporting at Debtwire EMEA and Dawn Grocock, Senior Legal Analyst at Debtwire Europe, recap some of the key legal and court developments from the first half of the year.

In this episode with host Amelia Weitzman, a direct lending reporter at Debtwire Europe, you will hear from Peter Dahlen, who is Global co-head of leveraged finance at Clifford Chance.Peter has been a partner since 2013 and regularly advises corporate borrowers across leveraged finance, private credit and restructuring deals.We'll hear his summary of market conditions this year so far, his expectations for the months ahead, and crucially, his perception of risk in the current debt environment.

On this episode Debtwire's Senior Legal Analyst Dawn Grocock speaks with Kirkland's Kon Asimacopoulos, Sean Lacey, Hannah Crawford and Kate Stephenson about the state of the restructuring market, the latest on UK restructuring plans, and where the Kirkland team see the market heading.

In this episode, Claire Matheson Kirton, a partner at White & Case, joins Debtwire CEEMEA's Laura Gardner to explore the rise in investment from the Middle East into Africa.With China stepping back as a major financier across the continent, Gulf economies are jumping in to meet Africa's vast infrastructure and energy needs.GCC investors are seizing diversification opportunities in sectors such as renewable energy, real estate, telecoms, and agriculture in a region experiencing rapid urbanisation and real economic growth needs, Claire explains.She also delves into whether this growing partnership could spur the rise of Islamic finance across Africa.Based in Dubai, Claire is a partner in White & Case's Global Debt Finance Practice and has extensive experience in both conventional and Sharia-compliant transactions.#GCC #Africa #projectfinance #infrastructure #renewableenergy #islamicfinance

The podcast's guest, Brian Himot, will also discuss the latest trends in private credit and opportunistic lending and several deals that SVP closed recently.

On this episode, we speak with Maples Group's Kat Burke about the Irish restructuring toolkit and in particular, its potential as an implementation route for global workouts. Kat is Of Counsel in the Dispute Resolution & Insolvency team at Maples Group, Dublin. She is an Irish, English, US and BVI qualified corporate restructuring lawyer and has experience in key restructuring jurisdictions including New York and London.

On this episode of the Debtwired! podcast, Till Schweizer, Managing Director at Partners Group, joins Debtwire Europe's Jelena Cvejic to discuss the current demand and supply dynamics in the leveraged loan market, and CLO positioning in light of a generally strong market and an increasing number of underperforming credits.Till Schweizer has been with Partners Group since 2007 and has 18 years of industry experience. He is part of the Liquid Loans business unit, based in London, and a member of the Global Liquid Loans Investment Committee and Structured Credit Investment Committee.Schweizer reflects on the growing strength of the leveraged loan market and gives his outlook on upcoming loan supply and the revival of M&A activity.He then takes us through the evolving CLO landscape and shares his views on new CLO issuance, refinancing, resets, and liquidations. As we touch upon the effect of higher-for-longer interest rates on the sustainability of capital structures, Schweizer talks about positioning CLOs amid an increasing number of underperforming credits.He highlights the relevance of loan documentation features such as basket capacities and the ability to change governing law in cross-border transactions, given a recent increase in liability management exercises in the US. #leveragedfinance #leveragedloans #CLOs

DLA Piper's David Manson unpacks the key lessons from Germany-focused real estate business Aggregate Holdings' contested restructuring plan process before the English High Court in an interview with Debtwire Europe's Hossein Dabiri.

On the latest episode of the Debtwired! Podcast, Hannah Gates answers a range of questions on how private credit and bank lending markets are converging in new and unforeseen ways with Debtwire Europe's Johannes Koch.Hannah specialises in lender-side domestic and cross-border leveraged finance transactions across the credit spectrum. Her practice covers acquisition and event-driven finance, and other structured finance transactions, across a wide range of capital structures.Her extensive experience of private credit transactions makes her ideally placed to advise clients on transactions where potential financing options require knowledge of both the syndicated and private debt markets.#privatecredit #banklending #leveragedbuyouts #debtwired #podcast

On the Debtwired! Podcast, Carson Block, CEO of Muddy Waters, joins Debtwire Europe's Head of High Yield Adam Samoon to discuss short selling trades in credit.Muddy Waters has exposed accounting issues and fraud at many global companies. This podcast examines what operational characteristics provide fundamentals for good short trades and monitors examples of trades that have been implemented.A number of bonds in the European real estate sector have had large price drops in recent years. Real estate risks are considered alongside current short trade ideas across other geographies and sectors.Lastly, the podcast explores if short selling has become harder to implement due to the new paradigm of reduced secondary liquidity and CDS orphanage event risks.

In this episode, we speak with Freshfields' Craig Montgomery and Lindsay Hingston about Adler's landmark restructuring plan, considering some of the key takeaways for future UK restructuring plans. German real estate group Adler's UK restructuring plan secured its place in legal history recently as the English Court of Appeal allowed an appeal by a group of dissenting noteholders, overturning the High Court's April 2023 decision to sanction the plan. This is the first time the UK's restructuring plan tool – which came into force in 2020 – has been considered by the appellate court.#restructuring #restructuringplan #part26A #insolvency #Adler #germany #distresseddebt #bondworkout #CIGA2020 #germanrealestate #courtofappeal #lordjusticesnowden #part26arestructuringplan #litigation #disputeresolution

In this episode, we speak with Simmons and Simmons' Christopher Kranz and Simon Kirschner, about the German StaRUG procedure, with a focus on the innovative Softline restructuring.The German Act on the Stabilisation and Restructuring Framework for Businesses (StaRUG) came into force on 1 January 2021, implementing the EU Restructuring Directive – which obliges all EU member states to establish preventive restructuring frameworks – into German law.Last year, the StaRUG procedure experienced a number of “firsts”, with high profile cases including Leoni and Gerry Weber. One particularly innovative case was that of listed IT company Softline. Our speakers acted for the majority shareholder Noventiq, which took over the entire equity under the StaRUG.#restructuring #germany #preventiverestructuringframeworks #staRUG #softline #insolvency #eurestructuringdirective #distresseddebt #germanlaw

Dominik Spanier, MD at Lincoln International, joins Debtwire's Johannes Koch to look at the year ahead for private debt in the German-speaking region and scour the market for challenges and opportunities for debt advisors.#privatedebt #Europe #Germany #LincolnInternational #debtadvisor

Florian Kluge, MD and COO Investor Relations at Ardian, joins Debtwire's Johannes Koch to talk about how the fundraising market is developing and explore whether private debt has reached its peak.Florian Kluge joined Ardian in 2017. As managing director he is engaged in the firm's fundraising efforts and closely involved in the firm's relationships with investors in Germany, Austria and the UK.Florian takes us through which asset classes are getting tougher to raise money for and highlights LPs current pain points and return expectations.Finally we hone in on the private debt class and explore whether fundraising for the asset class has reached its peak.

Lee Buchheit, Honorary Professor at the University of Edinburgh Law School, talks about the use of value recovery instruments to resolve sovereign debt workouts with Debtwire's Laura Gardner.Lee takes us back to the origins of these tools, which were first used as part of the 1990s Brady-era debt restructurings.While in principle used to sweeten the deal for bondholders agreeing to significant upfront debt relief, Lee argues that they face a number of difficulties, both from the debtor and creditor perspective.Lee then looks at recent cases in Suriname, Zambia, and Sri Lanka to see how they have incorporated new elements into their value recovery instruments.#sovereigndebt #zambia #suriname #srilanka #ghana #restructuring

On the Debtwired! Podcast, Goldman Sachs Head of EMEA Leveraged Finance Dominic Ashcroft joins Debtwire Europe's Head of High Yield Adam Samoon to discuss the outlook for the European LevFin market.LevFin volumes have staged a comeback this year though issuance still remains below recent historical levels. This podcast explores the future for leveraged finance issuance and whether the year-to-date rebound in volumes can be sustained.European Leveraged Finance is now a diversified asset class with high yield bonds, leveraged loans and private credit all offering alternative sources of funding for issuers. Private credit deals have increased strongly in recent years but there are also still some green shoots in syndicated markets.The recent backdrop for primary markets is tough with concerns over high interest rates and geo-political headline risks. But companies can adapt issuance tactics in response to the challenging macroeconomic environment.

Lazard Managing Director Pierre Cailleteau joins Debtwire's Laura Gardner on the podcast to discuss domestic debt restructuring as part of sovereign debt negotiations.Pierre explains the difficulties a government is presented with when it chooses to restructure its domestic debt, the risks it can bring to its economy and why these exercises must be carefully calibrated.He also goes through three case studies where governments have chosen different paths - Ghana, Sri Lanka and Zambia - and explains their decision-making with regards to domestic debt restructuring.Pierre discusses the issue of comparability of treatment among different creditor classes and the importance of assessing a creditor group's capacity to absorb losses.Finally, Pierre talks about the risk of holdouts in a domestic debt restructuring and how these can be tackled.#sovereign #debt #restructuring #ghana #zambia #srilanka

Debtwire's Jou Yu speaks with Sam Whittaker, Co-Head of Lazard's Europe Restructuring & Liability Management Group, and his colleague Tom Howard, Co-Head of European Debt Advisory. They talk about a number of wide-ranging topics on debt restructuring and distressed debt in Europe, from the evolving role of the financial advisor, to how documentation is affecting restructuring negotiations, and the way private credit is impacting the fixed income landscape.#distresseddebt #restructuring #privatecredit #debtadvisory #documentation

Debtwire's Dan Anghelache speaks to Charlie Robertson, Head of Macro Strategy at FIM Partners, about the recent pressure on African sovereigns, especially in light of the slew of recent military coups in the region.Charlie considers the impact of elevated fertility rates in the region on sovereign default risk and whether this risk has been priced in by credit and equity markets. In particular, he examines whether there is a negative sentiment weighing on Eurobond-issuing West African sovereigns due to recent events.#EM #sovereign #debt #distressed

Debtwire's Alex Dooler sits down with Ahmad Alanani, co-founder and CEO of Sancta Capital, to discuss the rise of non-performing loans (NPLs) in the Middle East.Following a landmark USD 1.1bn NPL transaction from ADCB earlier in the year, investors have been paying close attention to the emerging asset class. Despite the headlines, the market for NPLs still has some way to go and is bound by a host of factors that are discussed in this episode.#NPLs #emergingmarkets #distresseddebt

Debtwire's Laura Gardner speaks with Richard Cooper and Jim Ho, partners at Cleary Gottlieb, about new legislation being considered by the state of New York, and what it means for sovereign debt restructurings.Richard explains that the changes are made up of three separate bills, which seek to create a comprehensive mechanism to restructure sovereign debt, expand the champerty defense and limit creditor recoveries. He highlights how some of these proposals lack clarity, could lead to jurisdiction migration and risk making borrowing more expensive for sovereigns.Jim explains how the UK has sought to deal with the issues from an English law perspective, where similar proposals have so far been rejected by the government.They both agree that more should be done to incentivise official and private sector to invest to try and solve sovereign debt challenges.#sovereign #debt #restructuring

Debtwire's Laura Gardner speaks to Yvette Babb, emerging market debt portfolio manager at William Blair, about the risks facing sovereigns with upcoming debt maturities in a challenging funding environment.Yvette discusses the recent bright spots coming out of Nigeria, Kenya, Egypt and Tunisia, and explains why there is growing optimism that a systemic debt crisis can be avoided. She also delves into some of the options available to countries beyond Eurobond markets, including loans, multilateral guarantees, and debt-for-nature swaps.Yvette Babb is a hard and local currency portfolio manager on William Blair's emerging markets debt team. She is also a member of the ESG leadership team for William Blair Investment Management.#emergingmarkets #sovereign #debt #distressed #restructuring

On the latest episode of Debtwire North America's Debtwired!! series, Co-managing editor Reshmi Basu speaks with David Turetsky of White & Case. On this podcast, David hits on several hot-button topics impacting the restructuring universe, from lender-on-lender tension and rescue financing to the cryptocurrency collapse. David is a partner in the financial restructuring and insolvency practice at White & Case. He represents companies and other parties in complex business reorganizations, out-of-court restructurings and workouts, debt restructurings, and insolvency matters. He has worked on a number of high-profile restructurings, including most recently, Hertz and Celsius. #restructuring #crypto #distressed

Co-managing editor Reshmi Basu speaks with Michael Korengold, president and CEO at Enhanced Capital. On this podcast, Michael hits on several topics, including his firm's investment strategy amidst rising interest rates and a challenging macroeconomic environment. He also provides insight into how the private-credit asset class could find a home in a recessionary environment. And relatedly, he delves into what an upcoming distress cycle means for middle-market investing. Enhanced Capital is an impact investment firm focused on the lower middle-market, real-estate projects, and climate-related initiatives. As well as being president and CEO, Michael serves on the firm's investment committees and Board of Directors. #distressed #debtwire #middle-market

Co-Managing Editor Reshmi Basu speaks with VSS Managing Partner Jeffrey Stevenson. On this podcast, Jeffrey touches on several topics, including what a potential distressed cycle means for the private credit markets and how VSS is positioning itself for the remainder of the year. Jeffrey also talks about private debt's impact on health care and the future for the asset class in the wake of the slowdown in public markets. With its investment strategy centered on the lower middle-market space, VSS works closely with management teams to help provide companies with flexible capital solutions to drive growth. At VSS - which has a specific focus on healthcare and education services, Jeffrey oversees the management of the firm and each of its funds.#private credit #distressed #midmarket

On the latest episode, Sidley partner Thomas Califano delves into the current state of market volatility and the potential for a distressed cycle. Relatedly, he also discusses which industries are most vulnerable, as well as providing a deep dive into pressure points impacting the health care space.#Restructuring #Distressed cycle #Healthcare

On the latest episode of Debtwire's North America's Debtwired!! series, Deputy Editor Reshmi Basu chats with Michael Handler, a partner at King & Spalding. Michael discusses several hot-button topics that are currently at issue in the restructuring world, from minority lender rights and DIP financing, to creditor-on-creditor violence.#Restructuring #Creditor-on-creditor violence #DIP financing #Chapter 11

#debtwire #investing #private credit #special situations #distressed investing

#Debtwire #Restructuring #Bankruptcy #Litigation