AMS Osram extended the RCF by 12 months to September 2027, which was well flagged by the Company. In addition, the Company
Read MoreMoody’s downgraded Kem One further to Caa3, while keeping the outlook negative. The bonds continue the spiral downwards and are
Read MoreThe capital increase is underway. Yesterday night, the BPI informed that it had ceded its 13.6% share to APE, the corporate holding
Read MoreA successful refinancing operation, with the new TLB and SSN both being upsized and priced within the initial price talk. The TLB was
Read MoreCoulson’s exit would pave the way for a consensual deal re-instating the SSNs, with the SUNs being converted to equity. This deal would be
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VMED is the natural purchaser of Vodafone's spare spectrum; OFCOM needs to approve the deal but is unlikely to block it. VMED will now
Read MoreThe settlement of the Sidra litigation is a significant weight off OHLA. A potential liability of over €200 million has weighed heavily on OHLA since its
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Now is the time. Around 90c/€, the bonds are almost begging for an A&E that looked impossible only six months ago. The weather has
Read MoreWhen announcing Asda’s new drive to become Britain’s largest apparel retailer, it is worth bearing in mind George’s proximity to
Read MoreFlora has priced its new €400 million senior unsecured bonds at 8.625%. The proceeds will be used primarily to redeem the remaining €300 million of
Read MoreThe repayment of the remaining €111m promissory notes will have consumed most of €123m of on-balance-sheet cash at
Read MoreGeorge is a rare bright spot for ASDA, but expanding from dominance in kids’ clothing to adults will be tough, but we agree with the sentiment.
Read MoreThe refusal to supply under a contract is a serious step for a supplier. However, Aston Martin is now receiving the parts, and production has
Read MoreThe balance sheet restructuring of Victoria Plc is painfully slow, but another milestone was completed today. The RCF, which had traded away from
Read MoreJosé Elías failed to get any traction in opposing the Amodio brothers at the AGM. What Elías does now is unclear, but we
Read MoreThe ownership and operation of Natgasoline will be a priority for Consolidated Energy and Methanex, but not immediately. We expect the
Read MoreIt’s a little earlier than we thought. Adler are already receiving banking pitches to sell its remaining ADO portfolio. If we were Adler
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