Beyond the Default: Finding Value in Distressed Debt

Exclusive Fireside Chat with Tom Weaver, Senior Director, CreditSights

When companies face financial distress, where does the real investment opportunity lie and who ultimately captures the value?

Europe's chemicals sector is facing mounting pressure from elevated energy costs, weak demand, global competition, and increasingly challenging debt structures. As financial stress intensifies, distressed investors face a critical question: How do you identify value when a company's capital structure is no longer sustainable?

Join the London Business School Investment Management Club for an exclusive fireside chat with Tom Weaver, Senior Director at CreditSights, as we explore the fascinating world of distressed debt investing, corporate restructuring, and the opportunities emerging from Europe's troubled chemicals sector.

What we'll uncover:

• Inside the Distressed Investor's Mindset: How investors transition from analysing performing credit to identifying opportunities in distressed situations, and what separates successful distressed investors from traditional credit analysts.

• Europe's Chemicals Sector Under Pressure: How structural energy disadvantages, sluggish demand, and global competition are pushing European chemicals companies towards financial distress.

• Finding Value in the Capital Structure: How sophisticated investors identify fulcrum debt, assess enterprise value against outstanding obligations, and determine which creditors stand to recover value in a restructuring.

• Behind the Restructuring Deal: Real-world lessons from distressed chemicals and materials companies, exploring creditor negotiations, debt-for-equity swaps, liability management, and the battle to preserve and capture value.

• Building a Career in Distressed Investing: The analytical skills, investment judgement, and practical experience aspiring investors need to succeed in special situations and distressed credit.

Gain insights from an experienced credit markets professional, discover how distressed investors navigate complex capital structures, and explore the investment opportunities that emerge when companies come under financial pressure.

Bring your questions for an interactive audience Q&A.

Meet the Speaker: Tom Weaver – Senior Director, CreditSights

Event Details

📅 Date: Wednesday, 4 November 2026

🕡 Time: 6:30 PM – 7:30 PM (Doors open at 05:30 PM)

📍 Venue:  LT1, Sammy Ofer Centre, London Business School

🎓 Audience: IMC Members

🎤 Format: Fireside Chat + Interactive Q&A

Interested in Distressed Investing, Private Credit, Special Situations, Investment Banking, or Corporate Restructuring?

Don't miss this opportunity to hear directly from an experienced credit markets professional about how financial distress creates investment opportunities, how restructuring redistributes value, and what it takes to succeed in one of the most intellectually challenging areas of investing.