Latest Restructuring Podcast Episodes
The Steward situation is batsh*t crazy
Cloud 9fin - May 09, 2024 11:08 - 10 minutes ★★★★★ - 6 ratingsFrom a colony of bats plaguing one of its hospitals in Florida to an alleged connection to money laundering in Malta, Steward Health‘s descent into bankruptcy is anything but ordinary. In this week’s episode of Cloud 9fin, global head of distressed debt reporting Max Frumes and deputy ...
Navigating the new paradigm with Rob Fawn of PGIM
Cloud 9fin - May 02, 2024 11:30 - 15 minutes ★★★★★ - 6 ratingsThe current interest rate environment is driving a rise in downgrades, special situations and liability management exercises. But how to know which of the increasing number of stressed and distressed credits are worth adding to — or keeping in — the portfolio? In this week’s episode of...
Decoding Receiverships: Insights From Jim Keane and Greg Milligan of Harney Partners
TMA Chicago Midwest Podcast - May 01, 2024 12:00 - 35 minutes ★★★★★ - 5 ratingsIn this episode of the TMA Chicago Midwest Podcast, host Paul Musser speaks with Jim Keane and Greg Milligan from Harney Partners. They delve into the increased importance of receiverships as a way of selling or liquidating distressed companies and offer some practical advice on when parties sho...
Managing messaging with Jude Gorman of Collected Strategies
Cloud 9fin - April 25, 2024 12:34 - 21 minutes ★★★★★ - 6 ratingsFinance is about money, obviously, but it’s also about narratives. That’s especially true in the world of activist investing and proxy battles, and in the high-stakes arena of distressed debt. In an age where news travels faster — and through more channels — than ever before, how do co...
SBTi U-turn rocks world of sustainable finance
Cloud 9fin - April 18, 2024 12:23 - 16 minutes ★★★★★ - 6 ratingsThe SBTi’s sudden change in stance on the use of carbon credits came as a shock in the world of sustainable finance last week. In this episode, our hosts Sammy Cole and Oliver Wise, unpack the latest events and talk to Nawar Alsaadi, the CEO and founder of Kanata Advisors, a sustainabl...
Intrum in the red
Cloud 9fin - April 11, 2024 12:43 - 21 minutes ★★★★★ - 6 ratingsThe end of cheap borrowing is showing its true colors — and for Intrum it’s a deep shade of red as the Swedish debt collector faces its own credit crisis. Following our deep dive into Altice last week, 9fin analyst Jennifer Munnings, distressed debt reporter Will Macadam and senior leg...
Control, Altice, Delete
Cloud 9fin - April 04, 2024 12:37 - 34 minutes ★★★★★ - 6 ratingsWhat do you get when a builder basket just keeps building, and building and building? You get a whole basketful of lenders caught off-guard by the massive amount of capacity that Altice France has to designate its subsidiaries as unrestricted, that’s what. In this week’s episode of Clo...
Judge Timothy A. Barnes on Bankruptcy Trends and His Path to the Bench
TMA Chicago Midwest Podcast - April 03, 2024 12:00 - 25 minutes ★★★★★ - 5 ratingsHost Paul Musser welcomes as his guest Judge Timothy A. Barnes, who presides over matters in the United States Bankruptcy Court for the Northern District of Illinois in Chicago. Judge Barnes brings a unique perspective to the bench, having worked in private practice at major law firms in differe...
Tailoring to the thesis with David Leland of BC Partners
Cloud 9fin - March 28, 2024 13:00 - 12 minutes ★★★★★ - 6 ratingsThe question on everyone’s lips these days seems to be: are you going BSL, or are you going direct? But when private equity sponsors are building out their portfolio companies’ capital structures, their first concern is often whether the instruments they’re employing are a fit for the b...
Who watches the Weight Watchers?
Cloud 9fin - March 21, 2024 13:00 - 11 minutes ★★★★★ - 6 ratingsThe Ozempic effect is coming for more than just your wardrobe! Last week, 9fin reported that a group of lenders to Weight Watchers parent WW International organized with law firm Gibson Dunn as the company loses subscribers to weight loss drugs. On a somewhat related note, 9fin also...
The best and worst of high yield bond covenants
Cloud 9fin - March 14, 2024 12:00 - 21 minutes ★★★★★ - 6 ratingsEuropean bond investors: your restricted payment builder baskets are under threat! But also, you’re probably better protected against being J.Screwed than you were in the past. Those are just two insights from 9fin’s European High Yield Bonds Covenants Report, which provides a deep div...
IWD Edition — Breaking through the bottleneck
Cloud 9fin - March 07, 2024 20:44 - 16 minutes ★★★★★ - 6 ratingsEverybody knows that finance is a male-dominated industry, and there are plenty of initiatives to change that. But when you look at the numbers, it can be quite staggering to realize that, for example, just one in 10 senior portfolio managers in private credit is a woman. For this week...
TMA Chicago Midwest Podcast Hosted by Paul Musser | The General State of Distress in Real Estate With Jamie Cote
TMA Chicago Midwest Podcast - March 05, 2024 18:00 - 27 minutes ★★★★★ - 5 ratingsPodcast Host Paul Musser speaks with Jamie Cote, a Vice President at Hilco Real Estate, where he uses both conventional and accelerated structured sales as well as auctions to aid clients in achieving their business goals. Jamie has more than 20 years and $1.5 billion of real estate sales expert...
Restructuring reflections with Chris Schubert, Alcentra
Cloud 9fin - February 29, 2024 14:30 - 23 minutes ★★★★★ - 6 ratings9fin sits down with Chris Schubert, executive director in special situations at Alcentra, to talk about his expectations for the distressed market this year. We take a look back at restructurings he’s been involved in including Ideal Standard and lessons he’s learned from these cases....
Big shrimpin'
Cloud 9fin - February 22, 2024 22:12 - 20 minutes ★★★★★ - 6 ratingsWho could have imagined that Red Lobster’s endless shrimp promotion might have unintended financial consequences? Does distress at retailers like Express, Jo-Ann’s and The Children’s Place mean the US consumer is in trouble? Is ‘liability management’ a better term than ‘credit-on-cred...
US Edition — Big shrimpin'
Cloud 9fin - February 22, 2024 22:12 - 20 minutes ★★★★★ - 6 ratingsWho could have imagined that Red Lobster’s endless shrimp promotion might have unintended financial consequences? Does distress at retailers like Express, Jo-Ann’s and The Children’s Place mean the US consumer is in trouble? Is ‘liability management’ a better term than ‘credit-on-cred...
ESG regulations ramp up in the US
Cloud 9fin - February 15, 2024 16:13 - 19 minutes ★★★★★ - 6 ratingsIn November 2023, California circumvented the US Securities and Exchange Commission and released two regulations aimed at increasing climate disclosures for US companies. The SEC initially proposed its now twice delayed climate disclosures in 2022, but the regulations are expected to be...
TMA Chicago Midwest Podcast Hosted by Paul Musser | Jack O’Connor Talks ‘Success Through Service’
TMA Chicago Midwest Podcast - February 12, 2024 20:08 - 15 minutes ★★★★★ - 5 ratingsPodcast host Paul Musser speaks with Jack O’Connor, the 2024 TMA Chicago Midwest Chapter president and a partner in the Financial Services & Restructuring Group at Levenfeld Pearlstein. The conversation is centered around Jack's theme for the chapter year, "Success Through Service." They discuss...
TMA Chicago/Midwest Podcast Relaunch Trailer
TMA Chicago Midwest Podcast - February 08, 2024 23:50 - 1 minute - Video ★★★★★ - 5 ratingsTMA Chicago Midwest Podcast hosted by Paul Musser of Katten” features active members and sponsors of TMA Chicago Midwest, a regional chapter of the Turnaround Management Association. Hosted by Insolvency and Restructuring Partner Paul Musser, each episode features conversations with turnaround...
It’s raining repricings in Europe
Cloud 9fin - February 01, 2024 14:36 - 10 minutes ★★★★★ - 6 ratingsRepricing deals have flooded the European market over the past few weeks, with many companies taking advantage of lower interest rate forecasts and tighter high yield credit spreads. But is this trend set to last? For this week’s podcast, Alessandro Albano, financial journalist at 9fin...
Riding the repricing wave, with Himani Trivedi of Nuveen
Cloud 9fin - January 26, 2024 20:12 - 25 minutes ★★★★★ - 6 ratingsUS leveraged loan borrowers are repricing their debt at a frenetic pace, and it’s starting to hurt — in some credits, they’re testing the base limits of the CLO managers holding their debt. Himani Trivedi, head of structured credit at Nuveen Asset Management, has seen a lot of history ...
US Edition — Riding the repricing wave, with Himani Trivedi of Nuveen
Cloud 9fin - January 26, 2024 20:12 - 25 minutes ★★★★★ - 6 ratingsUS leveraged loan borrowers are repricing their debt at a frenetic pace, and it’s starting to hurt — in some credits, they’re testing the base limits of the CLO managers holding their debt. Himani Trivedi, head of structured credit at Nuveen Asset Management, has seen a lot of history ...
A deep dive on cross-border recognition with Riz Mokal
Cloud 9fin - January 18, 2024 11:58 - 49 minutes ★★★★★ - 6 ratingsCross-border recognition is where every good restructuring deal hopes to end. Recognition was historically a more clearcut part of a restructuring process, but in a post-Brexit world, with the advent of restructuring plans (in the UK and across Europe), and the rule in Gibbs potentially...
Bonds are back, baby!
Cloud 9fin - January 12, 2024 22:12 - 16 minutes ★★★★★ - 6 ratingsLoan repricings came thick and fast in the US market this week, with borrowers looking to slash their borrowing costs on more than $30bn of debt — but bonds are also coming back in a big way. Companies such as Hilton and Chobani highlighted the compelling value on offer in the high yie...
US Edition — Bonds are back, baby!
Cloud 9fin - January 12, 2024 22:12 - 16 minutes ★★★★★ - 6 ratingsLoan repricings came thick and fast in the US market this week, with borrowers looking to slash their borrowing costs on more than $30bn of debt — but bonds are also coming back in a big way. Companies such as Hilton and Chobani highlighted the compelling value on offer in the high yie...
Cinven answers investors’ LBO Christmas wishes with Synlab takeover
Cloud 9fin - January 04, 2024 17:49 - 11 minutes ★★★★★ - 6 ratingsGerman medical diagnostics provider Synlab answered investors’ Christmas wishes for another big European LBO deal by coming to market with €1.5bn in bonds and loans in early December. The funding was used to finance UK private equity fund Cinven’s acquisition of a majority stake in the ...
US Edition — What the collapse of Enviva and Inclusive means for ESG
Cloud 9fin - December 21, 2023 23:11 - 16 minutes ★★★★★ - 6 ratingsThe collapse of wood pellet producer Enviva last month was swift and brutal. The story’s not over yet for all of the company’s investors (for an extremely thorough analysis, check out our distressed team’s deep-dive report) but it is for at least one of them: Inclusive Capital. Founded...
What the collapse of Enviva and Inclusive means for ESG
Cloud 9fin - December 21, 2023 23:11 - 16 minutes ★★★★★ - 6 ratingsThe collapse of wood pellet producer Enviva last month was swift and brutal. The story’s not over yet for all of the company’s investors (for an extremely thorough analysis, check out our distressed team’s deep-dive report) but it is for at least one of them: Inclusive Capital. Founded...
2023 review with CEO Steven Hunter
Cloud 9fin - December 14, 2023 20:51 - 16 minutes ★★★★★ - 6 ratingsLooking back on 2023, we’ve seen financial markets tested by ongoing geopolitical upheaval. We sit down with 9fin’s CEO Steven Hunter to take us through the highs and lows of the year as well as our company’s growth story. Also tune in to find out how Steven unwinds in his spare time a...
The release of ‘9fin AI’, GPT for LevFin
Cloud 9fin - December 07, 2023 11:34 - 16 minutes ★★★★★ - 6 ratings“9fin AI enables our users to find and process the information they need quicker. Speed is essential in financial markets and debt is no exception.” 9fin has been leveraging AI since the company was founded back in 2016, but we’ve recently stepped-up our game. ‘9fin AI’ allows subscri...