Knighthead's Wagner on PG&E Restructuring, Credit Markets Amid Virus

The video discusses PG&E's restructuring progress, focusing on securing financing and addressing wildfire victims' concerns. It highlights the company's efforts to exit bankruptcy and the impact of market conditions on financing. The discussion also covers Knighthead's investment strategy in the current credit markets, emphasizing opportunities in distressed markets and potential returns.

What is the expected impact of the coronavirus pandemic on credit markets according to the text?

What are the anticipated returns on investments in high-quality bonds over the next 12 to 24 months?

What types of companies does the speaker find attractive for investment during the current market conditions?