European High Yield, Leveraged Loans & CLO Briefing

Navigating the New Normal

Navigating the New Normal

Markets are facing a new reality – “A New Normal”. We’re now in an environment characterised by slower economic growth, higher interest rates, lower valuations and a plethora of geopolitical risks capable of destabilising markets. 

This new landscape prompts us to ponder:

  • How will these conditions alter the behaviours and financial strategies of key market players, including issuers, sponsors, the banking community, and the CLO market?
  • What will this mean for issuance levels, deal structures, and the deployment of exceptionally high levels of dry powder?
  • What are the implications for covenants and credit quality, defaults, and recovery prospects?
  • How will private credit evolve - can it coexist with the broader syndicated market, and if so, how will this play out?

Agenda

15:00
CEST

Registration & Networking

15:35
CEST

Moody's Panel: Challenges and Opportunities for LBOs and CLOs

  • What are Moody’s forecasts for defaults and credit deterioration?
  • How will recoveries compare with the past?
  • What are the consequences for the CLO market and credit quality?
16:10
CEST

Private Credit in Focus - Peaceful Coexistence or Fierce Competition with Syndicated Markets?

  • How do we see the future role of private credit evolving?
  • What risks will emerge as private credit grows and takes shape?
16:30
CEST

Guest Speaker Panel: Searching for Yield - New Reality, New Strategies

  • How will financing and investment strategies change?
  • Do we expect more market discipline or creative solutions?
  • Will there be a meeting of the minds on seller and buyer valuations?
17:00 - 18:00
CEST

Networking Reception

Speakers

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Cecile Mayer Levi Head of Private Debt Tikehau Investment Management Bio
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Ludovic Brulé Head of CLO Portfolio Management MV Credit Bio
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Carole Gintz Associate Managing Director, Structured Finance Moody's Ratings Bio
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Fabrizio Marchesi Vice President-Senior Analyst, Corporate Finance Moody's Ratings Bio
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Jeanine Arnold EMEA Leveraged Finance Coordinator, Corporate Finance Moody’s Ratings Bio
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Juvereya Shoab AVP-Analyst, Corporate Finance Moody's Ratings Bio
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Myriam Durand Managing Director - Global Head, Corporate Finance Moody’s Ratings Bio
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Tanguy Hespel Vice President - Senior Analyst, Structured Finance Moody's Ratings Bio
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Laurent Morel Global Head of Financial Sponsor Coverage Société Générale
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Event Location:

Venue Name: Ashurst

Address: 18 Square Édouard VII, Paris, France
entrance via 1 rue Edouard VII


Date: Thursday, 13 June 2024

Time: 15h00 - 18h00 CET