Debtwired!

On the latest episode of the Debtwired! podcast, Mohamed Damak, Managing Director, Global Head of Islamic Finance at S&P Global Ratings, joins Debtwire CEEMEA's Mariam Meskin to delve into one of the latest developments in the sukuk market. AAOIFI, the Accounting and Auditing Organisation for Islamic Financial Institutions, last year published its draft of Shariah Standard No. 62, which — if adopted as proposed — would alter the credit profile of sukuk from an asset-based structure to an asset-backed one.The standard could be adopted and formalised by as soon as next year. Its implementation could "disrupt" the global sukuk market, as Mohamed outlines in this podcast. In his capacity as Global Head of Islamic Finance at S&P Global Ratings, Mohamed leads their cross-practice analytical thought leadership initiatives and credit rating activities in the Islamic Finance sector globally.

In this episode, Hossein Dabiri, Head of Court Reporting at Debtwire EMEA and Dawn Grocock, Senior Legal Analyst at Debtwire Europe, recap some of the key legal and court developments from the first half of the year.

In this episode with host Amelia Weitzman, a direct lending reporter at Debtwire Europe, you will hear from Peter Dahlen, who is Global co-head of leveraged finance at Clifford Chance.Peter has been a partner since 2013 and regularly advises corporate borrowers across leveraged finance, private credit and restructuring deals.We’ll hear his summary of market conditions this year so far, his expectations for the months ahead, and crucially, his perception of risk in the current debt environment.

Kon Asimacopoulos, Sean Lacey, Hannah Crawford, and Kate Stephenson from Kirkland delve into the intricacies of the restructuring market. They discuss how steady default rates and inflation are shaping financial conditions, leading to increased restructuring activities. The team covers strategies for navigating complex negotiations among creditors and the rise of parallel restructuring processes, highlighting recent legal judgments that are redefining the landscape. Their insights reveal an evolving market full of challenges and innovative solutions.

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

Brian Himot discusses private credit trends, focus on high-yield deals & creative financing. Explores MES strategies, default rates, and Schuller's transition in the private credit market.

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.

Till Schweizer from Partners Group discusses leveraged loan market strength, CLO landscape, upcoming loan supply, and M&A activity outlook, as well as the impact of higher interest rates on capital structures. He highlights the importance of loan documentation features and positioning CLOs amid increasing underperforming credits.

DLA Piper's restructuring expert, David Manson, discusses key lessons from Aggregate Holdings' restructuring plan, including court challenges, amended plans, COMI shift impact, and insights into future restructuring battles and market evolution.

Hannah Gates discusses the convergence of private credit and bank lending markets, emphasizing the importance of cross-market relationships. The podcast explores evolving financing strategies in private credit, challenges in the market, and how banks are adapting to compete with private credit through additional services and regulatory changes.