Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed...

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D istressed Investment and Restructuring Asia Pacific D istressed Investment and Restructuring Series 2017 16th February 2017 Pan Pacific Orchard, Singapore www.euromoneyseminars.com/DDAsia17

Transcript of Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed...

Page 1: Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed Investment and Restructuring Asia Pacific 2017 08:30 Registration and coffee 09:00

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D istressedInvestment and Restructuring Asia Pacific

Distressed Investment and Restructuring Series 2017

16th February 2017Pan Pacific Orchard, Singapore

www.euromoneyseminars.com/DDAsia17

Page 2: Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed Investment and Restructuring Asia Pacific 2017 08:30 Registration and coffee 09:00

Hong Kong 76%Australia 6%India 4%Japan 4%Singapore 3%

76%

4%

3%

3%

3%

1%

4%

1%

6%

By CountryBy Industry

Our event in numbers

Thailand 3%South Korea 3%China 1%UK 1%

66%Investors

13%Advisory

10%Financiers

6%Law Firms

5%Others

D istressed Investment and Restructuring Asia Pacific16th February 2017Pan Pacific Orchard, Singapore

www.euromoneyseminars.com/DDAsia17

Asia Pacific distressed has traditionally focused on the emerging markets of Indonesia, China and India. However, 2016 saw signs of distress in Singapore as a result of global trends in the oil and gas and shipping sectors. Most glaring of issues at this time is perhaps the defaults of MTN programs, many of which are coming to maturity in the next year. Is there enough new money to help refinance or restructure these deals? How will restructuring be handled with large portions of notes in the hands of private wealth investors? Will these challenges enable Singapore to develop into a global debt restructuring hub? Like many of the leading investors, law firms, advisory groups and banks, we will take this opportune time to move our Asia Pacific event back to Singapore to explore these developments and kick off our 2017 Distressed Investment series.

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• ADM Capital• AK Partners• Albourne Partners (Asia) Limited• Allen & Overy • Altus Captial Corporation• Alvarez & Marsal Asia• ANZ Banking Group Ltd• AP Special Situations Group• APAC Resources Limited• Apollo Management • Ashurst• Aspen Hill Partners (HK) Limited• Avant Capital Management (HK) Limited• Avenue Asia Strategy • Avenue Capital Group• Axis Bank• Baker & McKenzie• Baring Asset Management Asia• Baring Private Equity Asia Limited• Belos Capital Asia• BFAM Partners • Bloomberg News• BNY Mellon• Brescon Investment Managers Pvt. Ltd.• Cadwalader, Wickersham & Taft LLP• Canada Pension Plan Investment Board• Capital Advisory Services (Thailand) Ltd• Case Equity Partners• CEIC Data• Censere Group• Chenavari Investment Manager (HK) Ltd• CI Funds Group• CIMB• Citic Securities International Capital

Management• Claren Road Asset Management• Clearwater Capital Partners• CMIA Capital Partners• Corrs Chambers Westgarth• D E Shaw• DBS• Dealogic• Deloitte Tohmatsu• Deutsche Bank• DIAM Asset Management (HK) Limited• DLA Piper• Eastspring Investments• Eaton Partners• EIG Global Energy Partners• Epiphany Asset Management• ESI Bio• Eurasia Capital Partners • Everston Capital Asia Pte Ltd• F3 Capital• Ferrier Hodgson• Financial Times

Previous attendees• FTI Consulting• Fundamental Dynamics• Gadens Lawyers• Gaw Capital• GE Capital• GoIndustry DoveBid HK• Goldman Sachs (Asia) LLC• Grant Thornton• Greenberg Traurig LLP• Gryphus Capital Partners• Guardian Capital Management Limited• Hanwha Investment & Securities• Harneys• Helios Capital• Hendale Capital Limited• Hilco Global• Hogan Lovells• Hong Kong Investment Funds Associa-

tion• Hong Kong Monetary Authority• Hospital Authority Provident Fund

Scheme• Houlihan Lokey• Huntley Group• IDBI Bank Ltd• ING Bank• ISI Emerging Markets• JAFCO Asia• Janus Capital Asia Limited• JLA• JP Morgan• King Street• Kirkland & Ellis • KKR• KordaMentha• KPMG• Latham & Watkins• LGT Capital Partners• Lighthouse Partners• LIM Advisors• LionRock Capital• Liquidity Services• Liquidity Solutions• Longitude Asia Limited• M&G Investment• Macquarie Bank• Madison Pacific Trust• Mandarin Capital Limited• Mayer Brown• Meritz Securities• Mitsui & Co• Morgan Stanley• Nomura• Normandy Capital Management Limited• OCBC Bank• O'Melveny & Myers

• Oppenheimer Investment Asia• Orient Capital Research• Orix Corporation• PAG• Partners Group• Paul Hastings• Pearl River Finance Limited• Permal• Philip Private Equity Pte Ltd• Pine Field Capital• Pluga Capital• Principle Partners• Psynomics Incorporated• PT Sampoerna Strategic • Pureheart Capital Asia Limited• PwC• Raffles Partners Asset Management

(Hong Kong) Ltd.• Rain Tree Capital• Ramagen• Sage Capital Limited• Sankaty Advisors• Savanna Capital Management (Asia) Ltd• SBI Capital Market• SC Capital Partners• SC Lowy Financial• SinoAm Capital Limited• Solar Plus (HK) Limited• South China Morning Post• SSG Capital Management (Hong Kong)• Standard Bank• Star Magnolia Capital• Sukhumvit Asset Management• Sumitomo Mitsui Trust• Symmetry Investments• Tahan Capital Management• TEAK Capital Corporation• Tembusu Partners Pte Ltd• The Royal Bank of Scotland• Thomson Reuters • TMA• Tobabara• Tokio Marine Asset Management• Transocean Capital• Transpac Capital Pte Ltd• Tyee Capital• UOB Bank• Varde Partners• Varlesco Capital• Viridian Partners Pte Ltd• Walkers• Westover Advisors Pte Limited• Zentrum Capital Advisors

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D istressed Investment and Restructuring Asia Pacific 2017

08:30 Registration and coffee

09:00 Chairman’s opening remarks

09:10 Keynote: APAC distress and restructuring outlook for 2017

09:40 Investors’ breakdown of Asia’s distressed investing opportunitiesA panel session of investors sharing their thoughts on regions and assets and what kind of plays offshore investors have in each respective market. NPLs in China or India? Alternative lending? Which assets are trading?Fernando S. Valte, III, Managing Director, Greylock Capital Management (Asia)Justin Ferrier, Managing Director, BlackrockNikhil Srivastava, Director, KKR

10:25 Networking coffee break

10:55 Bankers’ panel – between low trading volumes and more defaults on the way, what’s keeping bankers awake at night?• How did workouts and trading in 2016

compare to 2015?• Is extend and pretend coming to an end?• Are banks capable to manage sudden defaults

with current provisioning levels after Kaisa and now Swiber?

• Are banking liquidity levels drying up? Could we see possible credit sales?

• Buy or sell – how do traders feel about hot distressed sectors of Oil & Gas, Shipping and Commodities?

Kevin Tham, Managing Director, Global Credit & Special Situations Group, Bank of America Merrill LynchSenior representative, Goldman SachsBeaux Pontak, Managing Director, Head of Portfolio Investments, Asia Pacific, Deutsche Bank

11:40 Indonesia’s Trikomsel Case Study

12:10 Lunch

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13:40 What hurdles still need to be cleared before India becomes a distress investor destination • What is needed for full implementation of the

bankruptcy law?• What will be the makeup of new “insolvency

professionals” and agencies?• Will 180 days including a 90 day extension be

enough to push through a resolution?• What’s stopping banks and other creditors

from “extend and pretend” rather than enforcement?

Ameeta Trehan, President, CFM Asset ReconstructionAnil Bhatia, Managing Director and Chief Executive Officer, JM Financial Asset Reconstruction Co. Anurag Das, Managing Partner, Rain Tree CapitalSenior representative, AION Capital

14:25 MTN defaults and restructuring – how will the process play out with fragmented private wealth investors involved?• What proportion of the MTNs are in the hands

of private wealth investors?• As an investor, do you sell or do you hold for

a resolution?• Problems with reaching quorum – who holds

the most leverage in these cases?• Difficulties and challenges in bringing

stakeholders to the table and how do you resolve them?

15:10 Networking coffee break

15:40 Restructure or refinance – what options do distressed offshore oil & gas services have?• Was Swiber’s fall a representation of the

industry or did it create more stress?• Is there liquidity and appetite for oil and gas?• What are the challenges to cost cutting and

overall operational restructuring?• What’s causing the lack of M&A activity for the

sector in Asia?Sidat Senanayake, Senior Vice President, Offshore Finance, DVB Bank SEWee Yap YEO, Executive Director, Head of Mezzanine Capital, UOB Mezzanine Capital

16:25 Navigating waves of shipping distress following Hanjin’s collapse• What can be learned from Hanjin’s collapse?• Recognition of rehabilitation – what are

creditors’ options on enforcement?• Now that you have the ship, do you sell or do

you hold and leverage for a resolution?Jonathan Hatch, Managing Director, Madison Pacific Trust LimitedRahul Kapoor, Co-Director and H ead of Financial Research Services, Drewry Shipping Consultants

17:10 Chairman’s close of conference followed by cocktail reception

For commercial opportunities, please contact

Dan BolandEmail: [email protected]: +852 6584 0632

For speaking opportunities, please contact

Alex ChiuEmail: [email protected]: +852 2842 6933

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