China Macro: Reassessing LGFV Risk

Summary

In this webinar, we addressed key market concerns over the Chinese local government financing vehicle (LGFV) sector, covering topics such as reassessing government support and tail risk from weak provinces. We also explored case studies on distress, default, and bailout, as well as LGFVs’ role in the property sector and systemic implications. Additionally, we discussed long-term challenges and resolutions of hidden local government debt.

WATCH REPLAY
The Official Covenant Review Plain English Leveraged Finance and Special Situations Glossary

The Official Covenant Review Plain English Leveraged Finance and Special Situations Glossary

April 10, 2026
Share of Index Loans With Covenant Loopholes
TrendLines Topical Report: Lens on Loopholes Q1’26 Update: Share of Index Loans With J.Crew/Serta/Chewy (Full & Qualified)/Envision/Pick-Your-Poison Loopholes

TrendLines Topical Report: Lens on Loopholes Q1’26 Update: Share of Index Loans With J.Crew/Serta/Chewy (Full & Qualified)/Envision/Pick-Your-Poison Loopholes

April 10, 2026
Worst, Better, Best: EBITDA Adjustments – The Scope of Projected Synergies

Worst, Better, Best: EBITDA Adjustments – The Scope of Projected Synergies

April 8, 2026

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