From the 2022 TMA Distressed Investing Conference

The Federal Reserve’s most recent guidance suggests the debt and equity markets should tighten and influence an increase in distressed activity. The panel will address anticipated changes in interest rates and inflation during 2022 and how predictions about both are impacting fundamental investment decisions in the distressed marketplace. We will also review recent chapter 11 decisions addressing interest payable to creditors under reorganization plans, including PG&E, and the ability to collect make whole premiums.