Ocean Wall welcomes Peter Faulkner Co-PM of Credit and Deputy CIO of P. Schoenfeld Asset Management (PSAM). Many companies may find themselves with too much debt after the coronavirus pandemic, even if their businesses recover. The default rate will climb as companies struggle to regain profitability, covenant relief periods expire and ratings agencies downgrade given earnings and liquidity constraints. Peter will discuss the theme of event driven corporate distressed opportunities in companies limping through the economy unable to dig themselves out of their debt obligations.
This presentation is at 2pm GMT on the Zoom platform. Please contact Nicky Grant (firstname.lastname@example.org) for log-in details.