Opalesque on European Distressed Debt and the Weil European Distress Index

David Nazar
Founder & CIO
February 23, 2024
9:00 am

Opalesque highlights recent readings from the Weil European Distress Index, signalling deepening corporate stress across Europe and implications for the credit cycle.

Opalesque highlights signals from the Weil European Distress Index (WEDI) pointing to deepening corporate distress in Europe, with pressures linked to profitability and investment trends. The note summarises recent readings and considers implications for the evolving European distress cycle.

For background on the index methodology and recent readings, see Weil’s update, The Weil European Distress Index – December 2023. For how this theme aligns with our focus areas, visit Distressed and Stressed Credit and Credit Opportunities.

Opalesque

David Nazar

David Nazar is Founder and Managing Partner, Chief Investment Officer at Ironshield Capital Management, where he leads the firm’s European corporate credit strategies. He oversees investment direction, portfolio construction and risk management across event-driven, stressed and high yield credit mandates. David works closely with the investment team to identify relative value opportunities across complex capital structures, with a disciplined focus on fundamental analysis, downside protection and compounding absolute returns across market cycles.