European Special Situations Outlook:
Rising Stress & Shifting Dealflow Dynamics

Join us for a mid-year update on the evolving landscape for European special situations, featuring Luke Millar and Sandrine Bradley at LevFin Insights, and Alastair Gillespie at Covenant Review, as they explore key trends emerging from LFI’s new proprietary European Special Situations dataset.

Market Overview and Credit Cycle Developments:

• Expansion of the special situations universe, spanning on watch, stressed, distressed, and restructuring credits

Deal Activity, Capital Structure Trends, LMTs:

• Dominance of A&Es in H1 2026 dealflow and potential shift toward LMTs
• Documentation weakness – still the ticket to future LMTs
• ICA drag and Co-Op litigation – shaping the future

Maturity, Sector, and Regional Pressures:

• Concentration of 2028 maturities and resulting refinancing risks across large-cap issuers
• Construction sector exposure and UK dominance within the special situations universe

Following their remarks will be live Q&A, if you have any questions in advance please send to events@creditsights.com