London partner Lorraine Vaz moderated a panel discussing cross-industry views on covenant lite, term loan B and high-yield bond issuance at the 12th Annual European High Yield Conference in London.
Lorraine was joined by panelists from BlueBay Asset Management, BBVA, Deutsche Bank and Morgan Stanley Investment Management.
Topics
- 2017 trends in high-yield bond, covlite and term loan B issuance
- Erosion of covenant protection in documentation
- Investor and arranger appetite and expectations — comparison with issuers views
- Likely trends in 2018