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Legal and Cap Structure 05/01/22
Description 05/01/22
Assets 05/01/22
Investment Discussion 05/01/22
German Real Estate
The 3LNs should be softer today. On its Q126 call, Adler confirmed weakness in the German RE market, as institutional investors are holding off on
Another departure from Accentro may weigh slightly on the bonds, but Jörg Neuß has been at Accentro since 2017 as General Counsel, before
Accentro's deviation from its planned sales trajectory has implications for the 2027 SSNs; the company’s requirement for an additional
The departure of Dr Nedim Cen indicates the initial restructuring is now complete, and the bonds should be marked
The rationale behind Michael Hintze’s fund taking 15.8% of Accentro isn’t immediately clear. The purchase is via Deltroit Directional Opportunities Master fund,