European Structured Finance Credit Outlook 2024 -

Madrid, Spain

Join us for our exclusive in-person event in Madrid, focusing on the key factors set to shape European securitisation in 2024. This year's event will give an overview of sector-specific credit outlooks for 2024 followed by a panel discussion on Spanish real estate and deep dive into the evolving re-performing loan market  as well as our assessment of the potential risks in the year ahead. 

Our expert team of analysts will provide a comprehensive view of the credit market landscape, covering structured finance asset classes such as RMBS, CMBS, ABS, NPLs, and structured credit.

Don't miss this opportunity to gain perspectives crucial for navigating the ever-evolving credit market environment.

Add this event to your calendar and secure your seat for an insightful discussion on the 2024 European Structured Finance Credit Outlook!

Event Details 

Date: 25 January 2024

Location: Castellana 81, Madrid

Time: 8:00 a.m. - 12:00 p.m.

Agenda:

8:00 - 8:50: Registration & Breakfast

8:50 - 9:00: Welcome & Opening Remarks: Alvaro Manzano – Vice President, Morningstar DBRS

9:00 – 9:10: European Structured Finance Overview 2024

           Christian Aufsatz – Head of European Structured Finance, Morningstar DBRS

9:10 - 10:00: European Structured Finance Outlook 2024 - Sector Overview (This session will be conducted in Spanish)

Alberto Cruces de la Rosa – Vice President, European NPLs

Ricardo Garcia –  Vice President, European ABS Ratings

Maria Lopez – Senior Vice President, Structured Credit

Tomas Rodriguez-Vigil  – Vice President, RMBS & Covered Bond Ratings

10:00 - 10:25: Coffee Break & Networking

10:25 - 11:10: Credit Considerations of Climate and other ESG Factors in Structured Finance

• What are investors focusing on when thinking about Climate Change in European Structured Finance?
• Credit relevance of climate risk data in Structured Finance.
• Can positive ESG considerations be also positive for credit?
• Climate Change considerations in Morningstar DBRS ESG Framework

  Moderator: Christian Aufsatz – Head of European Structured Finance, Morningstar DBRS

  Panelists: Philippe Laporte - Deputy CEO, Union de Creditos Inmobiliarios

                    Jaime de la Torre – Partner, Cuatrecasas

                    Martin Santibañez – Head of Securitizations, Instituto de Credito Oficial

         Begum Gursoy – Director, Sustainable Finance Solutions, Sustainalytics

11:10 - 12:00: Spanish RPL and Housing Market Overview (This session will be conducted in Spanish)

• Evolution of the RPL sub-asset class in Spain
• Current market challenges as risk of more rate hikes abates
• How is the current interest rate volatility impacting origination?
• Expectations of asset performance and RMBS issuance volumes
• Given central bank quantitative tightening, what are the alternatives to public securitisation markets?

 Moderator: Marta Zurita Bermejo - Managing Director, Morningstar DBRS

 Panelists: Iñigo Merladet – NPL Director, Intrum

       Jose Molina Machuca - Director Financial Institutions Team, Alantra

       Carlos Rubi – Co-Head Portfolio Solutions Group, KPMG

       Tomas Rodriguez- Vigil – Vice President, RMBS & Covered Bond Ratings, Morningstar DBRS

12:00 - 12:05: Closing Remarks: Alvaro Manzano – Vice President, Morningstar DBRS

12:05: Refreshments and Networking

 

(Please note: Chatham House Rules will apply to panel sessions during the event)

To Attend: 

Fill out the form to the right to attend - you'll receive a confirmation email from euevents@dbrsmorningstar.com with a link to add to your calendar along with other event details. 

We look forward to hosting you for a morning of trusted insights, engaging conversation and community networking!