Market Resilience and Credit Dynamics: Glenn August on Economic Shifts and Strategic Insights |Glenn August , CEO, Oak Hill Advisors. 00:10:00
Glenn August, founder of Oak Hill Advisors, delves into the recent resilience of credit and equity markets amid economic shifts. Discussing the absorption of 500 basis points in rate hikes and a robust economy, August highlights the buoyancy in credit markets due to lowered financing costs and a favorable economic backdrop. He explores the dynamics of syndicated markets, the resurgence of liability management exercises, and the role of PIK features in restructuring capital stacks.
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