As the end of the year approaches, credit market participants are hoping for a financing market rebound. With inflation, rising commodity prices and rising benchmark rates posing a threat, and midterm elections around the corner, how are credit market participants thinking about the impact of these issues on structure, pricing and leverage as year-end deals are put to bed?
Join us in New York City at the offices of Kirkland & Ellis on
October 19th for a deep dive into current trends in leveraged finance
WHO SHOULD ATTEND
- Institutional investors reviewing credit opportunities
- Professionals in private credit and private equity
- Investment banking and other professionals in the private equity/private credit banking ecosystem
Date: October 19th, 2022
Time: 3:00PM-5:00PM followed by a 5:00PM Reception
Address: KIRKLAND & ELLIS LLP
601 Lexington Avenue, New York
Content with a reception to follow.
PANEL: STATE OF THE MARKET
Wednesday, October 19, 2022 | 3 – 4PM EST
Although the broadly syndicated market was largely closed for most of the year, banks and private equity sponsors are eagerly looking towards a rebound of the credit market with ample competition between institutional and direct lenders. Interest rate increases and monetary tightening are not expected to deter the activity of sponsors and corporates, given that dry powder remains at record high levels. With Wall Street banks scrambling to set up direct lending arms, will there be a new breed of competition for deals? Underlying the shift back to broadly syndicated markets is the transition from LIBOR to SOFR. Can we expect deals to get done and structures, pricing, and leverage to reflect a new post-inflationary dynamic? Joins us as we deep dive into these trends and what we think leveraged financing will look like on the other side.
FIRESIDE CHAT: CAREER TRAILBLAZER
Wednesday, October 19, 2022 | 4 – 5PM EST
Join Kirkland Partner Jocelyn Hirsch for an in-depth conversation with finance industry trailblazer Christina Minnis. Christina joined Goldman Sachs in 1998 as a VP in investment banking. She has since risen to her role as Global Head of Acquisition Finance and Co-Head of Global Credit Finance. We will hear about Christina’s journey including the keys to her success, her advice for women in capital markets, asset management & finance, and her outlook on leveraged finance for the coming year.