The recent Dallas Fed Energy Survey points to more difficulties for OIL & Gas drillers in the US, as inflationary pressure, shortage of equipment and lack of
Read MoreThe company has not waited long after completing its rights issue to launch its bond tender. Aston Martin is prioritising cash in its pocket rather than fretting about
Read MoreThe equity issued by the company in its 4:1 rights issue began trading today, the price is 131p. The Saudis have bought another
Read MoreAmigo’s agenda for today’s AGM revealed the lender is aiming to raise only £40m in this round, just over half of what we had expected. Clearly,
Read MoreConsus results yesterday revealed the extent of the write-down. This measure had
Read MoreQ2 results to July showed better turnover and despite a lower margin also better GP than we had modelled. Otherwise, largely accurate cost and
Read MoreThe issue with quarterly reports is they tend to be backwards-looking and Debentures is no different. All metrics have continued to improve; Occupancy rates,
Read MoreFollowing progress with Vivion involving a successful sale of two QH units, Aggregate has received consent from its VIC lenders to push the
Read MoreFollowing Friday’s Mini-Budget, Sterling has fallen against any basket of currencies, extending its sharp fall since the beginning of the month. This should further
Read MoreWe’ve only recently listed reasons why the book is unlikely to be written down in the short term, but that of course is a different matter for JVs, where the
Read MoreThe company this morning released a cleansing statement on a restructuring roadmap that reflects the all-around reluctance of restructuring Matalan, both, naturally from
Read MoreVW have warned that global auto production will be at risk in FY23 if Russia fails to resume deliveries of natural gas through Nord Stream 1. This is
Read MoreThe timing of the announcement from the company regarding the management team is potentially troubling. The loss of your CEO is not good when you are fundraising... It is plausible tha
Read MoreAhead of its month-end deadline to repay the VIC bonds, Aggregate are engaging in a notable PR effort aimed at raising the value of their QH and Fürst assets. The signings of high-profile tenants certainly suggest
Read MoreThe Company announced a new contract for two rigs in Germany. These contracts are due to commence in Q2 2023, but what is exciting about this contract is
Read MoreWe await further details but press reports are circulating that the UK government have announced a price cap for industry customers today. The muted
Read MoreNothing is ever simple! Casino announced the Green Yellow sale will be completed in mid-October with the terms staying as previously announced. However,
Read MorePlease find our updated analysis of Intrum here.
As debt collectors go, Intrum is clearly one of the safer candidates. But with its size and diversification, it is a worthwhile bellwether for the sector. It also has one of the cheapest sources of funding, which makes it particularly interesting from a short perspective. Let us know if you are looking at other names in the sector.
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