Paul Taylor is president and chief executive officer of Fitch Group, a leading provider of essential financial information and services to the global financial markets. Mr. Taylor was appointed to this position in April 2012 and is based in London.
Mr. Taylor previously served as President of Fitch Ratings, the group’s largest business and a leading provider of credit ratings, commentary and research. Prior to this appointment in 2010, he spent two years as global head of structured finance ratings, presiding over numerous ratings reforms following the 2007 collapse of the U.S. housing market. Mr. Taylor has held a variety of analytical leadership positions at Fitch Ratings, including global head of sovereign, public finance, corporate, and financial institution ratings. He also headed the agency's operations in Europe, Middle East, and Africa.
One year ago, we met for a discussion on the Roaring Twenties in Leveraged Credit - little realising the profound changes which were about to occur.
We find ourselves in a new environment today. Was 2020 merely an interruption? Are the Roaring Twenties set to continue?
Please save the date for our 2021 Leveraged Credit Seminar to hear Fitch's senior speakers with panel guests from private equity firms, asset managers, lawyers, issuers and banks.
Secure your spot today for what is sure to be an insightful event.
Â
If you have any questions regarding the event, please don't hesitate to contact bryce.gasser@fitchratings.com.Â
- Are primary LBO EV and Debt multiples indicative of the state of the broader market?
- Did flexible documentation prove its value and will it be a permanent feature in primary?
- How does the acceleration in trends such as digitisation, work from home, etc. impact outlook?
- How will ESG considerations impact the market?
- What are threats to the primary market outlook: Rising rates, regulation, equity market correction, policy mistakes, etc.
Panellists:
·   Jane Gray, Head of European Research – Covenant Review
·   Jonathan Butler, Head of European Leveraged Finance, Co-Head of Global High Yield – PGIM Fixed Income
·   Dominic Ashcroft, Co-head of EMEA Leveraged Capital Markets – Goldman Sachs
·   Soren Christensen, Partner, Capital Markets – CinvenÂ
Moderated by Steven Miller, Global Head of Leveraged Finance Intelligence – CapitalStructure / Covenant Review
- Risk/return: Is today’s leveraged loan market rich/neutral/cheap to other asset classes and are there particular areas of opportunity?Â
- Relative Value: how does the return profile today of European loans and bonds to compare to the US?
- Are broker/dealers supporting secondary markets efficiently?
- How have permissive debt baskets, transfer restrictions, and loose covenants changed investors approach to buying and selling in secondary?
Panellists:
·   Alastair Gillespie, Senior Analyst – Covenant Review
·   Fiona Hagdrup, Fund Manager, Leveraged Finance M&G Investments – M&G
·   Evert-Jan Wamsteker, Managing Director, European High-Yield and Syndicated Loans – HayfinÂ
·  Hannah Cusworth, Managing Director, Head of European Origination - SVPGlobal
Fitch Group, Inc. and its subsidiaries (collectively, Fitch) reserve the right to electronically store any personal information(PI) that you provide to Fitch. Fitch will use and share such PI in compliance with applicable law and the Fitch privacy policy. To review Fitch’s privacy policy, including how Fitch uses the PI that it obtains and how it shares such PI, please go to www.thefitchgroup.com/policies.