Share this page
AFME's 18th Annual European Leveraged Finance and CLOs Conference Thumbnail Image

About the event

For 18 years, AFME’s European Leveraged Finance Conference has brought together the leading names in the European high yield and loan markets to network and debate.

This year we are broadening the programme to also cover CLOs – as well as covering leveraged loans and alternative forms of financing such as direct lending and private credit – to reflect the growth of, and increasing interaction between, European markets.

Additionally, panellists will reflect on the performance of the European high yield market in 2023, emerging market practice trends, ESG developments, and the impact of the macro-economic landscape and geopolitical events.

Registration fees:
• AFME member: £599+ VAT
• Non-member: £999 + VAT

Multi-booking discount:
• 10% off when booking 3 or more delegates at the same time
• 20% off when booking 5 or more delegates at the same time

For group bookings, please email [email protected]

Complimentary subject to verification:
• Investor: promo code INVESTOR
• Regulator: promo code REGULATOR
• Press: promo code PRESS
• CLO Managers: promo code CLO

How can your business be a part of AFME's 18th Annual European Leveraged Finance Conference?

As a partner you could:
• Engage with 200+ European senior-level attendees across a day of high value content
• Interact with industry expert speakers
• Participate in panels on key industry topics
• Build useful connections with dedicated networking sessions
• Gain visibility via our social media channels, website and bespoke promotional marketing to our database of 22,000 industry professionals
• Showcase your solutions at the event exhibit space

Packages can be tailor-made to suit your company's aim and aspirations. To discuss particular opportunities, please contact Safiya Merrique at [email protected] or on +44 (0)20 3828 2674.


Lead Partner
Associate Partners
Lead Event Endorser
Event Endorsers
Media Partners

Who attends?

  • Heads of post trade
  • Investors
  • COOs
  • Market structure specialists
  • Regulators
  • Policymakers
  • Clearing and settlement houses
  • Law firms
  • Consultancies
  • Trading platforms and technology providers
  • Financial associations
  • AFME members
  • Investment banks
  • European supervisory authorities
  • National competent authorities
  • Clearing and settlement houses
  • Exchanges
  • Asset managers
  • Technology providers
  • Professional services
  • Fintech start-ups

Why attend?

  • The event provided an opportunity for delegates to meet over 300 senior level attendees
  • Build contacts in over 5 hours dedicated to networking
  • Hear up to 70 industry expert speakers
  • 12 hours of content designed and driven by market participants
  • Showcase solutions at the event exhibition space

Registration enquiries

For registration enquiries, please contact Events on [email protected] for assistance.


Welcome registration
Investors breakfast briefing: Covenants – Much Ado About Nothing?
Opening remarks
Keynote address
Nicola Horlick,
CEO, Money&Co
View speakers
Panel discussion: Heads of Leveraged Finance
  • Recap of the European high yield market issuance and performance in 2023
  • The war in Ukraine, Inflation and ESG developments
  • That key factors do you expect to influence the market in 2024 and beyond?
Kevin Muzilla,
Partner in High Yield & Leveraged Finance, Allen & Overy
Benjamin Thompson,
Head of EMEA Leveraged Finance Capital Markets, J.P. Morgan
Dominic Ashcroft,
Head of EMEA Leveraged Finance, Goldman Sachs
Murad Khaled,
Managing Director, High Yield & Leveraged Loan Capital Markets, Bank of America Merrill Lynch
View details & speakers
Panel discussion: Investor Outlook
  • Changing approaches to investment decisions
  • Portfolio diversification and risk mitigation
  • Geopolitical and Economic headwinds
  • Effects of Sustainable finance on investment decisions
  • What’s next?
Clark Nicholls,
Senior Portfolio Manager / Analyst, AXA
Sebastian Potocean,
Managing Director / High Yield, Barings
View details & speakers
Networking Break
Panel discussion: Rise of Direct Lending and Alternative Forms of Financing
  • What is alternative financing?
  • Market performance: High yield bonds vs Alternative financing
  • Direct lending and Private credit
  • Why choose alternative financing?
Drew Rundus,
Partner, Clifford Chance LLP
Roxana Mirica,
Partner, Apax
View details & speakers
Panel discussion: Sustainable Finance
  • Effects of ESG regulations on leveraged finance markets
  • Greenwashing and disclosure
  • Due diligence and reporting: Regulation and market practice
  • Geopolitical and Economic impacts
  • Ratings and third-party verification
Richard Jefferies,
Director, Investor Development Team, FitchRatings
Carlo Oly,
Head of Relationship Management, Luxembourg Stock Exchange
James Malone,
ESG Specialist, PGIM
Rahel Haque,
Climate and ESG Capital Markets, NatWest Markets
Trevor Ingram,
Partner, Shearman & Sterling
View details & speakers
Networking Lunch
Panel discussion: Issuer Considerations
  • Why issue high yield bonds?
  • Challenges for first time issuers
  • Views on changing market structures and practice
  • Effects of sustainable finance on issuance decisions
James Greene,
Partner, White & Case LLP
Corey Blake,
Director and Assistant General Counsel, Bank of America
Matthias Szabo,
Director Debt Listings, Wiener Boerse
View details & speakers
Track A: Technology developments affecting Lev Fin
  • Digital bonds and their potential application in High Yield
  • AI use by law firms in the LevFin space
  • AI use / offerings by service providers and applications
  • Other recent software developments
  • What else does the future hold?
Mohamed Taha,
Co-founder, 10BE5
View details & speakers
Track B: CLO Managers
  • Manager tiering and consolidation: How to choose and what to look for
  • Loan consolidation Active vs Passive Management
  • Conflict of interest mitigation
  • Middle Market & Direct Lending: Manager perspectives
Gianluca Consoli,
Portfolio Manager, PGIM
View details & speakers
Track B: CLO Investors
  • Debt vs Equity Investor Perspectives
  • Mezz considerations
  • Outlook for AAA and across the cap stack
  • Relative value vs other asset classes
  • Supply and demand dynamics
Colin Behar,
Portfolio Manager, USS
Krishan Padhiar,
Portfolio Manager, M&G Investments
Michelle Manuel,
Co-Portfolio Manager, Investec Bank PLC
View details & speakers
Track A: Debt Restructurings in Leveraged Finance and High Yield Markets?
  • Current trends in debt restructurings in Europe
  • Structures, documentation and practices
  • The views of the creditor community
  • The views of the financial sponsor community
  • The views of financial advisors and counsel
View details
Networking break
Panel discussion: The current state of European Leveraged Loans
  • Market performance of the leveraged loans market and current trends
  • Documentation and market practice
  • Leveraged loans vs High yield: Is equilibrium possible?
  • Growth of PE 1st level syndication
Ben Wilkinson,
Partner, Baker & McKenzie, LLP
View details & speakers
Panel discussion: CLO's
  • CLOs performance 2022/3 and issuance outlook: Opportunities and challenges to watch
  • Themes and trends in structures and loan docs
  • Primary and secondary market considerations
  • BSL vs Middle Market
  • Regulatory and legal factors: UK/EU divergence, Securitisation Regs, SFDR etc.
Marc Touboul,
Partner - Co-PM European Liquid Credit Strategies, Bain Capital Credit
View details & speakers
Closing remarks
Networking drinks

Keynote Speaker

Nicola Horlick

CEO, Money&Co

Other Speakers

Ben Wilkinson

Partner, Baker & McKenzie, LLP

Benjamin Thompson

Head of EMEA Leveraged Finance Capital Markets, J.P. Morgan

Clark Nicholls

Senior Portfolio Manager / Analyst, AXA

Colin Behar

Portfolio Manager, USS

Dominic Ashcroft

Head of EMEA Leveraged Finance, Goldman Sachs

Drew Rundus

Partner, Clifford Chance LLP

Gianluca Consoli

Portfolio Manager, PGIM

James Greene

Partner, White & Case LLP

Kevin Muzilla

Partner in High Yield & Leveraged Finance, Allen & Overy

Krishan Padhiar

Portfolio Manager, M&G Investments

Marc Touboul

Partner - Co-PM European Liquid Credit Strategies, Bain Capital Credit

Michelle Manuel

Co-Portfolio Manager, Investec Bank PLC

Roxana Mirica

Partner, Apax

Sebastian Potocean

Managing Director / High Yield, Barings

Trevor Ingram

Partner, Shearman & Sterling