Credit Lens: Europe & Beyond
Credit Lens: Europe & Beyond explores the people, stories, and forces shaping credit across EMEA and beyond. Hosted by Octus editor Phoebe Appenteng and reporter Katie McMahon, Credit Lens: Europe & Beyond brings timely analysis and context on distressed debt, restructurings, new issuance, private capital flows, and the political and economic shifts moving markets. It is made for credit investors, legal advisors, syndicate desks, and anyone curious about how European credit really works. Each episode is smart, conversational, and focused on what matters most. New episodes every two weeks.
Episodes
Phoebe Appenteng and Katie McMahon open with Intralot’s groundbreaking return to the primary markets, four years after executing Europe’s first aggressive liability management exercise. What began as a distressed Greek gaming company has transformed into a case study in creditor-led restructuring tactics. Nikhil Varsani, Financial Analyst at Octus, joins (02:28) to dissect how Intralot’s 2021 drop-down transaction cracked open Euro...
Phoebe Appenteng and Katie McMahon open with the landmark Aggregate case (02:18), where a German court ruling has cast doubt on London’s position as Europe’s restructuring capital. What began as a standard Part 26A restructuring plan has turned into a jurisdictional battle that could reshape cross-border insolvency. A Berlin-based developer’s billion-dollar ...
This week Phoebe Appenteng is joined by a fresh voice, Katie McMahon, as co-host. They open with Klöckner Pentaplast at (01:21), where a refinancing has slipped into a liquidity crisis. The German packaging group is facing €79.4 million in overdue invoices and €1.7 billion in 2026 maturities. With leverage at 8.7x and operations in decline, the debate is whether creditors and sponsor SVP can avoid a Chapter 11 filing.
At (10:15), t...
AI isn’t knocking politely—it’s blowing the doors off European credit.
Chris Haffenden and Phoebe Appenteng go deep into how generative AI is hammering the business process outsourcing sector, with Foundever and Transcom debt trading at distressed levels, and bondholders scrambling for clarity. Klarna's call center pivot? Already reversed. But the damage is done.
They unpack which credits are toast, which ones might claw back, and ...
In Episode 5 of Credit Lens: Europe & Beyond, hosts Chris Haffenden and Phoebe Appenteng dig into the latest wave of telecom restructurings, global tariff tensions, and the financial fallout hitting oil producers like Tullow.
They break down Altice International’s debt position and ask whether Patrick Drahi is about to run the same playbook again. Then it’s on to tariffs, where legal rulings and campaign politics are colliding ...
In Episode 4 of Credit Lens: Europe & Beyond, hosts Chris Haffenden and Phoebe Appenteng break down how fashion, restructuring law, and unexpected animal tech are all making waves in European credit.
They open with the rise and fall of high-yield fashion. From Golden Goose’s tight issuance to Isabel Marant’s sinking notes, they examine which brands are holding up and which are losing their luxury shine. Then it’s on to Petrofac...
In Episode 3 of Credit Lens: Europe & Beyond, hosts Phoebe Appenteng and Chris Haffenden tackle the big credit themes shaping European markets right now.
They start with Cerba and the rising fear of LMEs in Europe, questioning whether Altice-style tactics are becoming the new normal. Then it’s on to French retail, where Casino’s failed turnaround has investors wondering if ELO might be next. The conversation zooms out to IPO de...
In the premiere of Credit Lens: Europe & Beyond, hosts Phoebe Appenteng and Chris Haffenden zoom out from single-name headlines to explore the bigger themes shaping European credit.
They unpack Petrofac’s restructuring chaos, decode the rise of DPI as private equity’s pressure point, and explain why IPO chatter might be more about signaling than actual exits. The duo also dive into the tug-of-war between private credit and trad...
Popular Podcasts
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!