Milbank LLP partner Apostolos Gkoutzinis is taking part in a panel discussion on ‘Covenants & Market Conduct – Has Flexibility Come Home to Roost?’ at the European Leveraged Finance Association Annual Conference on Tuesday 14 November 2023. The discussion will cover covenant flexibility for borrowers and lenders, comparison of US and European liability management, the evolution of the leveraged finance market since the global financial crisis (GFC) and the question of are loans securities. The event will explore the issues impacting investors in European leveraged finance in these volatile times, covering the CLO, high-yield bond, leveraged loan, and private debt asset classes.
ELFA is a professional trade association formed to publicly represent the interests of the European leveraged finance buy-side to press, policymakers, industry and the general public.