EP 02: Restructuring Drama, DPI Pressure, and Europe’s Defense Awakening
Credit Lens: Europe & BeyondShow Notes
In Episode 2 of Credit Lens: Europe & Beyond, hosts Phoebe Appenteng and Chris Haffenden break down the pressure points moving Europe’s credit markets. They open with Petrofac’s UK restructuring, where a judge called the process a “car crash,” and explain why legal timelines are under fire. From there, they unpack the private equity world’s scramble to deliver DPI, with IPO buzz around names like Odido and TK Elevator. The episode also covers bond market slowdown, the surge in loan demand, and how private credit is competing with public markets. To close, they dive into Ukraine’s fast-moving Eurobond story, rising defense spending across Europe, and the surprising turnaround for satellite operator Eutelsat. Credit, context, and everything in between.
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