CONSEN needs to refinance the $227m May 2027 SUN and will have to raise Secured debt, either by increasing its TLB or issuing
Read MorePPI’s EGM approved the SBB Norden Community asset transaction yesterday. The SBB AGM is on the 12 December,
Read MoreThe market share numbers are ugly, but are baked into expectations. The job of getting customers back onside is going to take longer
Read MoreDear All,
Apologies for the error in today’s Sarria Daily.
The Mobico call will be between Wolfgang and management, as arranged by Mobico.
If you have any questions you would like management to address, please reach out to Wolfgang and he will add them to his list.
Thank you for your understanding.
Kind regards,
Team Sarria
Read MoreThere are several headlines concerning the ongoing court case between Tullow and Vallourec, but in reality, the litigation remains at
Read MoreNot that there was ever a doubt around last week's consent request, but we note that 97.98% is a higher consent level
Read MoreThe Company is taking a hard line in its negotiations with creditors, unwilling to engage with the cooperation block and instead
Read MoreS&P’s downgrade comes soon after Fitch and cites the same reason: the availability issues in Q3 caused by disruption post the
Read MoreFollowing its €410m divestment of MeTS last month, Worldline announced the “contemplated” sale of smart routing
Read MoreBoth bonds are up this morning by approx. 5 points on the sale of the €110m revenue Indian business for a respectable €159m to
Read MoreThis morning’s tender announcement from SBB is in line with the announcement of the Community Asset sale to PPI. As we said at
Read MoreKroger has decided not to proceed with the Charlotte CFC, so the payment to Ocado has risen by $100m to $350m. Kroger will continue to
Read MoreOur projections were broadly accurate, with revenue €7m higher and EBITDA €4m higher than reported. However, we continue to find
Read MoreHaving filed for their Prepack Ch11 yesterday, Klöckner Pentaplast disclosed the full suite of advisors, including
Read MoreAroundTown is in the process of extending its maturity profile through a combination of calls, tender offers and the issuance of
Read MoreThe latest tender offer, at an average price of 94c/€ was entirely taken up by the €-denominated ‘27s that now have a
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