Clariane only releases top-line revenue numbers in Q1 and Q3, so there are not many new details in their Q3 release. Revenue has grown in line
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Results this morning are a continuation of the membership tailspin the company has been in for years now, even as it seems to be slowing to inside -
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Intrum have spent a significant amount of time on the Q324 call talking about their plans for a Ch11 pre-pack. Contrary to what we had been hearing and
Read MoreThe Labour government plans to appoint an independent commission to review the position and functioning of Ofwat who allowed the regulated debt to
Read MoreA new Chair is not the top priority for Ocado, but a former tech executive who also has experience chairing a PE-owned business would be
Read MoreThe EGM is today; we expect the proposals to be approved albeit with some noise from small shareholders. The meeting starts at
Read MoreThe new CEO is the appointment we are waiting for but
Read MoreIn another deal funded by Cerberus Intrum are preparing to buy a €2bn portfolio from Hoist - right as the company is preparing to restructure its
Read MorePositive news for OHLA as the agreements are close to falling into place for tomorrow’s EGM. The €50m gap in the equity raise is still a hurdle and may come from a mixture of
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The Resi business (Sveafastigheter) priced its IPO at the bottom of its SEK39.5 – SEK45.5 per share range. SBB will be glad for the
Read MoreThe Class B Holders seem to be fighting back from what would appear a potential restructuring of the Thames Water debt stack where the
Read MoreIntrum seem to have sent out a final threat to their holdout creditors this morning with a consent solicitation for their Swedish MTNs - deadline
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The company issued a very bullish outlook for the rest of the year, driven apparently by very strong trading in Q3 so far. We frankly struggle with the
Read MoreOuch, those sales figures are low. But on the flip side, management have held up margins and markdowns, so that EBITDA is pretty much on
Read MoreRCF lenders ING and HSBC have hired Teneo in addition to Linklaters to deal with the company’s proposals. Meanwhile, over 75% of
Read MoreThe refinancing is positive across the Morrisons debt stack. The new £1.2bn TLB will push much of Morrison’s maturities to November 2030 for
Read MoreThe banks have reduced guarantee exposure to OHLA but will release €100m of €140m in cash collateral, which is a positive for OHLA. The state
Read MoreFollowing the Q2 conference call, management stated they were looking at options to refinance the bonds, including the sale of assets or disposals
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