Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed...
Transcript of Distressed Investment and Restructuring Series 2017 Distressed … · 2016. 12. 20. · Distressed...
www.euromoneyseminars.com/DDAsia16
D istressedInvestment and Restructuring Asia Pacific
Distressed Investment and Restructuring Series 2017
16th February 2017Pan Pacific Orchard, Singapore
www.euromoneyseminars.com/DDAsia17
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.
www.euromoneyseminars.com/DDAsia17
• 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
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
www.euromoneyseminars.com/DDAsia17
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
Delegate 1 (please print)
Title (Mr/Mrs/Miss/Dr/Other):
First name:
Last name:
Position:
Company:
Address:
Postcode:
Country:
Tel:
Fax:
Email:
Distressed Investment and Restructuring Asia Pacific • 16th February 2017, Pan Pacific Orchard, Singapore
Delegates
5 Easy Ways To Register
Online: www.euromoneyseminars.com/DDAsia17
Email: [email protected]
Fax: (HK) +852 2111 1400 / (UK) +44 (0) 20 7779 8603
Telephone: (HK) +852 2912 8038 / (UK) +44 (0) 20 7779 7222
Post: Charis Kwok Euromoney Seminars Euromoney Institutional Investor (Jersey) Limited 38/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong
Delegate 2
Title (Mr/Mrs/Miss/Dr/Other):
First name:
Last name:
Position:
Company:
Address:
Postcode:
Country:
Tel:
Fax:
Email:
Delegate 3
Title (Mr/Mrs/Miss/Dr/Other):
First name:
Last name:
Position:
Company:
Address:
Postcode:
Country:
Tel:
Fax:
Email:
The information you have provided will be safeguarded by Euromoney Seminars who will use it to keep you informed of relevant Seminars in the future. Please tick how you would prefer to receive future information Mail � Fax � Email � and fax back this form to +44 (0)20 7779 8603. We may wish to make your details available to sponsors of this particular event, or to other reputable organisations who may wish to contact you. Please tick this box � if you would prefer your details to remain confidential and fax back this form to +44 (0)20 7779 8603.
Euromoney Seminars is part of the Euromoney Institutional Investor PLC Group, who may also use your data to keep you informed of relevant products and services both domestically and internationally. If you object to being contacted by telephone � fax � or email � in respect of this, please tick the relevant box and fax back this form to +44 (0)20 7779 8603.
Administrative Information and Terms & ConditionsVenuePan Pacific Orchard, Singapore10 Claymore Rd, Singapore Tel: +65 6737 0811
Travel & AccommodationEuromoney Seminars has negotiated a special group rate for conference attendees at Pan Pacific Orchard, Singapore. Full details will be provided with the joining instructions sent on receipt of booking. If you have any questions in this regards, please contact Fiona So, Operations Manager on (HK) +852 2842 6955 or email [email protected].
Cancellation policyCancellations must be received in writing by 3 February 2017. All cancellations received by this date will incur a 10% administration fee. If payment has been made, a refund less 10% will be processed; any outstanding invoices will be liable for 10% of the registration fee. Cancellations made after 3 February 2017 will be liable for the full conference fees. Should you be unable to attend the event, a substitute may attend in your place at no extra charge.
Registration feeThe registration fee includes participation in the conference, lunch and documentation material, which will be distributed at the beginning of the event. The registration fee does not include any withholding tax. All bookings are considered binding on receipt of the booking form.
For further information on sponsorship or exhibitionopportunities please contact Dan Boland, Tel: +852 6584 0632Email: [email protected]
For speaking opportunities, please contactAlex Chiu, Tel: +852 2842 6933Email: [email protected]
For immediate information on this andrelated events, please call our hotlines:Telephone: (HK) +852 2912 8038
or (UK) +44 (0) 20 7779 7222
or alternatively email: [email protected]
Euromoney Seminars reserves the right to change details of the event including speakers, sponsors, venue, currency and pricing at any time up to the date of the event.
Registration Fees
Super Early Bird fee (Book before 31 December 2016 and save US$400) US$999
Early bird fee (Book before 12 January 2017 and save US$200) US$1,199
Standard conference fee (Book after 12 January 2017) US$1,399
Please quote EAE 303 on all correspondance Total US$
A limited number of complimentary partner passes are available for Pension Funds, Endowments, Foundations
and Sovereign Wealth Funds. To register your place, please email your contact details to
Credit cardTo make a payment by credit card, please call HK +852 2912 8099 or visit www.euromoneyseminars.com/DDAsia17 to book and pay online.
Cheques should be made payable to Euromoney Seminars.A receipted invoice will be sent to all delegates.
Payment by Bank TransferBank transfer quoting EAE 303Beneficiary: Euromoney SeminarsAccount No: 808-172159-001 (HKD), 808-172159-201 (USD), 808-172159-276 (GBP)Swift Code: HSBCHKHHHKHHSBC Limited, HSBC Main Building, No. 1 Queen’s Road, Central, Hong Kong
Invoice me (Option not available after 3 February 2017. Instead please visit www.euromoneyseminars.com/DDAsia17 to book and pay online.)
PaymentPayment can be made in one of four easy ways – please tick the appropriate box.
Please complete and return this form together with a copy of your bank transfer or cheque, payable in US$ to Euromoney Seminars, and send by post or fax to:
Euromoney Seminars, Euromoney Institutional Investor (Jersey) Limited ,38/F, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong KongTel: HK +852 2912 8038, Fax: HK +852 2111 1400Email: [email protected]/DDAsia17
Please note that by submitting this form you agree to terms and conditions