European PIK Notes: Picks & Pans

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As a follow on from our publication, European PIK Notes: A Primer, in which we lay bare the structural attributes and deficiencies of a selection of the mainstream PIKs currently on offer in the European HY space, we present a ranking of the PIK structures and thoughts around relative value.

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Additional Resources

Following on from our recent European PIK research articles, our analysts hosted a webinar where they expand on their ranking of the PIK structures and discuss their thoughts around relative value.

Speakers:
Belle Yang, Senior Legal Analyst (Moderator)
Helen Rodriguez, Senior Consumer Analyst
Lauren Holland, Senior Paper & Packaging Analyst
Oliver Burke, Senior TMT Analyst

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