Debtwired!

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