Insights

Debt transactions in Spain- key operational issues

Sergio Velez, Senior Managing Director and Responsible for FTI Consulting Madrid Office joined us on Markets Day to highlight the pre and post transaction key operational aspects to bear in mind in Spanish debt transactions. The presentation looked at the common grounds between lenders and investors and the strategies used in debt restructurings, with case studies used as real world examples. 

logo Thomas Lane Reporter, Debtwire

Some 200 attendees rolled into Debtwire’s “Leveraged Finance Day” – the opening event for Debtwire Week – at London’s Waldorf Hilton hotel yesterday (10 October) to hear a plethora of opinions and predictions for European leveraged finance, with panel topics spanning the state of high yield bonds and TLB markets, to covenants critique, CLOs and direct lending.

logo Robert Schach Managing Editor - Europe, Debtwire

2016 proved to be another challenging year for the restructuring community, mostly as a result of a continued slim pipeline of workouts and distressed opportunities. Hedge fund returns remained well off the pace of their previous years, although bets on commodities, especially oil & gas, paid out handsomely, enabling many funds who had jumped in too early the prior year to make good their previous losses.

logo Mariana Valle Co-Deputy Editor, Debtwire

Last year defied many forecasts, with the Brexit referendum and election of US President Trump both upsetting the odds. This year could also be challenging for leveraged finance, with reduced central bank tailwinds as well as the triggering of Article 50 in the UK. Commodity-price volatility also leaves further jitters ahead, while the Netherlands, Germany, France and Norway face elections.