The pandemic has triggered restructurings and corporate defaults, with many sectors under stress and businesses clinging on to government support schemes.
For bold credit investors, and specialized funds, the rise of NPLs presents an opportunity not seen since the 08/09 financial crisis, yet the circumstances, drivers and market conditions are different this time round.
Financial Times Live, in partnership with Datasite, brought together industry leaders for this one hour discussions, to help practitioners navigate and unpack the new NPL landscape.
KEY TALKING POINTS
The pipeline ahead: which sectors, assets and geographies will be driving deal activity?
To what extent can investors take lessons from the previous financial crisis to inform investment decisions? How did loans perform during and after the crisis?
How will the NPL product evolve, from structured investment vehicles and financial engineering to meet the needs of today's investor?
What role can technology play in streamlining the financing lifecycle of transactions?
Norton Rose Fulbright
Head of European Real Estate
Senior Director, Prudential Policy and Supervision
Executive Director, Head of Active Credit Portfolio Steering