Reorg Research

The EMEA Core Credit team takes look at the German retailer Takko’s consent solicitation and Israeli oil and gas exploration and production company Delek’s proposals to creditors. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In this episode, the Covenants by Reorg team is joined by ELFA’s Sabrina Fox to discuss a platform for passionate people to effect change and grow the leveraged finance market, ELFA's ESG Fact Sheet, bringing consistency to disclosure in public consultation and investors' working groups focused on increasing transparency and supporting engagement. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

This special episode of the Reorg EMEA Core Credit podcast features Nico Tollenaar, partner at law firm RESOR, who spoke to Reorg legal analyst Shan Qureshi about the Dutch Scheme of Arrangement and compared it to both the English Scheme and the U.S. chapter 11 process. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

The Americas Core Credit team at Reorg previews what's to come in the week ahead and the LatAm team provides an update on the deal progress in Argentina and an overview of recent airline chapter 11 cases including LATAM Airlines and Avianca. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

The Covenants by Reorg team discusses how the J Crew Trapdoor could be a red herring and investors need to be alert even if it is not there, how the unrestricted subsidiaries maneuver(made infamous by J Crew) could be used for creative restructurings, recent examples of asset leakage to unrestricted subsidiaries and how investors can demand protection in documents. If you are not a Reorg subscriber, request access here: https://go.reorg-research.com/Podcast-Trial.

The Americas Core Credit team at Reorg previews what's to come in the week ahead and reviews new chapter 11 cases filed in May including Neiman Marcus, JCPenney and Hertz. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

Each episode of the EMEA Core Credit biweekly podcast series features a deep dive on issues and companies in the distressed and high-yield space. This week, we take a look at the U.K.'s new Corporate Insolvency and Governance Bill, ongoing uncertainties in the retail space and Swissport's newly-announced scheme. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In this episode, hosts Shweta Rao and Peter Washkowitz speak to JO Hambro Capital Management’s Head of Credit Lale Topcuoglu about the consequences of EBITDA add-backs in a declining credit market, challenges faced by investors working with “fictional” numbers, Covid-19-related EBITDA adjustments and the information asymmetries in the market creating “haves” and “have-nots”. If you are not a Reorg subscriber, please request access here: go.reorg-research.com/Podcast-Trial.

The Americas Core Credit team at Reorg previews what's to come in the week ahead and reviews bankruptcies from this past week including Akorn, Centric Brands and Exide Technologies. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In this episode, hosts Shweta Rao and Peter Washkowitz discuss recently healthy issuers using distressed debt exchange offers (Diamond Sports) and covenants implicated in coercive offers and investor considerations. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

The Americas Core Credit team at Reorg takes a look back at the past week and previews what's to come in the week ahead, and director of credit research Mark Fischer reviews first quarter earnings results. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

Each episode of EMEA Core Credit by Reorg biweekly podcast series features a deep dive on issues and companies in the distressed and high-yield space. This week, the team takes a look at Rubis' new SSNs, Covid-19 adjusted EBITDA and a test case for U.K. insurers post-lockdown. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In this episode, Reorg's Shweta Rao speaks with Morrison & Foerster’s debt finance partners Benoit Lavigne and Matthew Dunlap about a forensic analysis of creative documentary flexibilities that can be utilized in stressed situations new legal issues arising in covenant waivers, amendments and PIKing interest, pandemic-related documentary changes and a forecast for Covid-19 related covenant evolution in leveraged finance. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

The Americas Core Credit team at Reorg takes a look back at the past week and previews what's to come in the week ahead, and director of credit research Mark Fischer and distressed debt legal analyst Sean Daly discuss how companies can navigate through the Chapter 11 process with limited sources of financing. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In the seventh instalment of Reorg's new Covenants Conversations series, hosts Shweta Rao and Peter Washkowitz talk to Goodwin Procter private equity and debt finance partner Kristopher Ring about recent covenant changes in mid-market documentation, strategies employed by sponsors and borrowers to tide over liquidity crises and issues mid-market companies are facing in accessing government relief.

The Americas Core Credit team at Reorg takes a look back at the past week and previews what's to come in the week ahead, and Karol Denniston, partner at Squire Patton Boggs discusses how companies and municipalities can manage liquidity pre-and post-bankruptcy petition. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

The EMEA Core Credit by Reorg team takes a look at Merlin Entertainments' new bond, the options open to Codere during its 30-day grace period and the latest developments with Lycra. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial

The Covenants by Reorg team discusses Hertz’s and Avis’ corporate capital structures and securitization structures, the impact coronavirus has had on their business and the companies’ ability to raise liquidity under loosely drafted debt and lien covenants. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial

The Americas Core Credit team at Reorg takes a look back at the past week and previews what's to come in the week ahead, and LatAm team lead Kyle Owusu and reporter Santiago del Carril join covenant analyst Lev Breydo to discuss Digicel’s exchange offer and Argentina’s debt negotiations. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.

In this special edition of the EMEA Core Credit by Reorg podcast, the team looks at the challenges facing aviation services company Swissport as it struggles with restrictions placed on the aviation industry during the Covid-19 pandemic. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial