Registration & networking lunch
Slater & Gordon, past, present and future?
Market cap crashes, lenders change. Balance sheet restructured, debt reduced. Class action risk extinguished.
UK and Australia businesses split. Operational turnaround implemented throughout the process and continues today.
What will Slater and Gordon look like in the future? What are the likely exits for the current shareholders? Who were the winners and who were the losers?
Recent Developments in the Direct Lending Market, Unitranche, Stretch Senior, Industry Funds and More
In the last two years or so there has been a significant increase in the volume of direct lending by non-traditional lenders such as credit funds. Who are the new entrants? What are their strategies? Will we see a dramatic increase in volume? Will they eat into the traditional lender space? What returns are being sought?
The panellists will talk to the structures being developed for stretch senior and unitranche transactions.
What are the current trends for deal size, opening leverage, covenants, basket sizing and other flexibility? How are revolver providers positioning on security / intercreditor arrangements?
Recent Developments in the Direct Lending Market, Real Estate Focus
What is the market for alternative non-banking lenders? Residential and construction finance. Recent corporate activity – Pepper, Lotus, Bluestone and Latrobe.
Impact of Royal Commission? Is liquidity tightening?
Impact of Royal Commission on Regulatory Activity, Governance and Financial Services
What will be the reaction of the regulators, ASIC and APRA? What type of actions might ASIC be looking to take? Will APRA increase its oversight?
Has it effected on the conduct of the traditional lenders in relation to enforcement ?
Will boards be required to give greater consideration to community standards and expectations ?
Will lending practices be affected and might the sector into which the traditional banks have lent change?
Recent Reforms – Do they go far enough?
Will the Safe Harbour and Ipso Facto changes have an impact? Is there a need for further reform?
Have Schemes of Arrangement become unworkable and too expensive – a review of recent schemes such Bis, Slater & Gordon, Boart and WICET.
Should class litigation be resolved by Scheme of Arrangement?
Each panellist will talk to an area he or she believes as ripe for reform.
Event to close