The ARR Reckoning: Decoding Software Stress Across Credit
February 25, 2026
In our latest topical webinar, Winifred Cisar聽leads the conversation with聽Andrew Hedlund, John Kim, and聽Lyle Margolis, who share insights on private credit liquidity, Blue Owl asset sales, leverage trends, covenant protections, and how AI may reshape software business models and credit outcomes.
Watch on YouTube:
Speakers:
Winnie Cisar, Global Head of Strategy, 乱伦短视频
Andrew Hedlund, Managing Editor, LevFin Insights
John Kim, Director, Covenant Analyst, Covenant Review
Lyle Margolis, Head of Private Credit, Fitch Ratings
Timestamps:
鈥� Introduction
鈥� 2025 Review & 2026 Supply Outlook
鈥� Portfolio Concerns & Return Scenarios
鈥� Muni Valuations & After-Tax Yields
鈥� Sector Outlook & Poll Results
鈥� Airport Sector Analysis
鈥� Higher Education Sector Headwinds
鈥� State & Local Government Trends
鈥� Curve Positioning Strategy
鈥� Q&A & Closing Remarks
More from our team:
U.S. Autos Expert Panel: Navigating a Shifting Market
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U.S. Special Situations Outlook: LMEs, Litigation and Bankruptcy
Read More
Global Market Update: Cable Weakness & Media Credit Dynamics
Read More
Global Market Update: Private Credit, BDC & Bank Developments
Read MoreKnow More. Risk Better.庐
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