Distressed debt in Asia is about to come of age.
Global distressed debt is soaring to new heights driven by the sub-prime mortgage market meltdown.
But across Asia, the tightening of credit policies in response to volatile market conditions, regulatory reforms such as Basel II and financial institutions’ motivations to improve asset quality are leading to significant increases in the supply of non-performing loans at attractive prices.
The size of NPLs in the Asian region is estimated at US$1-2 trillion and distressed debt specialists are optimistic, seeing more deal flow today than at any other time in the last decade.
Despite this, the road to creating a robust Asian distressed debt market remains a challenging one of negotiating complex legal regimes and overcoming transparency issues and cultural barriers.
What are the implications of the current credit crisis for Asia? What will it take to get the Asian distressed debt market going and where are the opportunities?
Distressed Debt Asia 2008 will bring together distressed debt investors, bankers, lawyers, restructuring advisors and consultants to discuss and provide you with the answers on where the growth will come from, the legal and regulatory developments and changing profile of the distressed debt investor.
Key topics to be discussed:
- How will Asia fare in the global credit crunch?
- Roadmap for the distressed debt market and trading opportunities in Asia
- Non-performing loans versus single asset strategy
- Restructuring strategies in Asia
- Working through inconsistencies in insolvency laws, legal processes and transparency issues in Asia
- Distressed debt development and investment opportunities in key markets China and India
- Valuing and managing distressed debt
- Managing problem loans and bank workouts