Liability management exercises (LMEs) have become a prominent feature of the Asian restructuring landscape, particularly as seen in high-profile cases such as New World. Execution is increasingly complex as capital structures evolve and out‑of‑court solutions expand. Hear from key market participants on how LMEs are structured in practice, and what it takes to deliver workable solutions in stressed situations.

The panel are expected to discuss: 

• Strategies of investment banks in bond‑side liability management with consent‑driven structuring and bondholder coordination
• Private credit rescue financing with existing secured lenders, covering triggers, structure, alignment and pricing
• Role of legal and financial advisors in securing consents and intercreditor alignment for LMEs
• Managing intercreditor terms to minimise conflict and keep outcomes executable