Reorg Research

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: -French care home operator Orpea following the release of an independent valuation report and how it may impact the group’s restructuring; -Swedish property group SBB’s new deal with Brookfield to sell its remaining EduCo stake, which could save it from a messy restructuring; and -The refinancing prospects of Austrian sensor solutions group Ams-Osram AG. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #perfor

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: - Primary market updates; - Reorg’s new waterfall analysis of U.K. petrol station and convenience retail company EG Group; and - Portability trends in European high-yield bonds in 2023. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distresseddebt #debtrestructuring #leveragedloans

We’re taking a brief recess from our weekly interview segment this week but will be back next week with more premium content. This week’s episode includes recaps of Judge David R. Jones’ hotly anticipated opinion confirming Serta’s chapter 11 plan and ruling that the debtors’ 2020 uptier exchange transaction was permitted under the company’s credit agreement, Cineworld and National CineMedia’s settlement of their longstanding fight over their exhibitor services agreement and chapter 11 filings from Cyxtera Technologies and Lucky Bucks. We also preview what is coming next week. Reorg is always looking for feedback to help us improve the podcast experience. Please take a moment to complete this short survey and let us know how we’re doing. https://www.research.net/r/Reorg_podcast_survey

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: - French care home provider Orpea ahead of the deadline for creditors to vote on its restructuring proposal on June 22 and why some dissenting creditors are urging fellow creditors to reject it; - Why alternative communications network providers, or altnets, have caught the attention of distressed investors and restructuring advisors in the U.K.; and - Investor concerns about British sports car maker McLaren running out of cash, despite receiving more than £1 billion in equity injections since March 2020. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resourc

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: Updates on French retailer Casino French retailer Casino, which earlier today received consent from the required majority of its 2026, 2027 noteholders to effect waivers to events of default and to make amendments to certain provisions governing the notes for the duration of the group's conciliation proceedings; Reorg’s waterfall model of German shopping retailer HSE Finance; B2B landscaping company Idverde’s liquidity concerns; and A roundup of what’s going on in the primary market. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our

To celebrate pride month, Bill Derrough of Moelis, Carol Flaton, and Nick Kaluk of Debevoise, discuss how they navigate the workplace and client relationships as professionals that identify as LGBT with Reorg’s Harvard Zhang. The speakers are members of workOUT, a group of lawyers, bankers, financial advisors and buysiders within the distressed debt and restructuring industry that get together regularly to network and develop professional relationships.

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: - The sale of the majority of U.K.-based petrol station forecourt empire EG Group UK and Ireland fuel, foodservice and grocery business to U.K. supermarket chain Asda; - Why the loans of the France-based private label confectionery maker Biscuit International have surged over 10 points this month; - The impact of the win of Recep Erdogan as president of Turkey on the country’s eurobonds; and - A roundup of what’s going on in the #primarymarket. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on t

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: - Latest developments of German cable TV group Tele Columbus and German reusable transit packaging group Schoeller; - The comeback of bank risk appetite to back deals and the space of #privatecredit; - UK broadband provider TalkTalk’s upcoming #debtmaturities and broadband company Airband’s capital raise; and - A roundup of what’s going on in the #primarymarket. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #rest

Lee Buchheit, a former partner at Cleary Gottlieb and a veteran of sovereign debt restructuring, discusses the history and future of value recovery instruments. During his 43-year career at Cleary Gottlieb, Buchheit advised governments in many of the biggest sovereign restructurings, including Iraq, Argentina and Greece. #restructuring #distresseddebt #desbtrestructuring

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussions on issues and companies across the credit lifecycle. This week’s podcast includes discussions on: Luxembourg-based metals and mining group Metalcorp’s #restructuring proposal; The #refinancing of German autoparts supplier Adler Pelzer; French retail group Casino’s consent solicitation deadline on May 19; and A roundup of what’s going on in the #primarymarket. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distresseddebt #debtrestructuring #leveragedloans

Morgan Dean, a portfolio manager on Sound Point Capital Management’s Capital Solutions team, discusses areas of opportunity within asset-backed lending, and dry powder in the market vs. deal quality in private credit with Reorg’s James Holloway. Sound Point is a credit-focused asset manager, and pro forma for the recently announced acquisition from Assured Guaranty, will have $47 billion in assets under management. #privatecredit #directlending #highyield #leveragedloans #leveragedfinance

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - European real estate market, as companies grapple with decreasing valuations and transaction volumes; - Latest on global resin-based consumer products group Keter after its minority shareholder PSP Investments launched a proposal to take control of the business; and - Highlights of the European #primarymarket. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: https://reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: https://reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distress

This week, Kevin Eckhardt, deputy managing editor at Reorg, returns to the pod to talk through the debtor/creditor dynamics that drive the Diamond Sports Group chapter 11 cases, highlighting the increasingly contentious relationship between Major League Baseball and the debtors, and how a dispute over the payment of administrative claims could shape the final outcome of the chapter 11 cases. This week’s episode also includes a recap of major events in primary markets, performing credit, distressed debt and bankruptcy, so stay tuned! 00:55: Diamond Sports Group Recap with Kevin Eckhardt 48:20: Weekly recap with Reorg’s David Zubkis 56:15: Top Read Stories 56:50: Week ahead with Reorg’s Kate Thomas We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - Norwegian home security system group Sector Alarm’s #liquidity concerns; - Italian steel product manufacturer Cimolai’s concordato proposal; - Spandex maker Lycra’s #refinancing; and - Highlights of the European #primarymarket. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: https://reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: https://reorg.com/resources/reorg-on-the-record/ #leveragedfinance #highyield #restructuring #performingcredit #distresseddebt #debtrestructuring #leveragedloans

Michael Gibbons, managing director of municipal strategy and trading at Conning, discusses the taxable municipal bond market, as well as the relative value between municipal bonds and corporate bonds with Reorg’s Seth Brumby. Based in Hartford, Conn., Conning manages investments on behalf of insurance companies and pension funds with $191 billion of assets under management. #municipalbonds #muniland #restructuring #distresseddebt We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey.

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - The English High Court’s judgment on Adler Group’s restructuring plan judgment; - The latest updates on Atalian’s refinancing process; - Hilding Anders’ interim restructuring transaction to shore up liquidity; and - Highlights of the busy European primary market. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey.

Andrew Sung, head of research at Atlas Credit Partners, discusses middle-market financing, the opportunity set following the collapse of Silicon Valley Bank and lending against intellectual property with Reorg’s James Holloway. Atlas Credit Partners is a private credit firm focused on secured direct lending and illiquid secondary credit opportunities based in Houston, Texas. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey. #distresseddebt #privatecredit #restructuring #bankruptcy

On April 18, Reorg’s Editor Luca Rossi with Francesco Castelli Head of Credit Strategy and Fund Manager at Banor Capital discussed the future of additional tier 1 notes and banks’ cost of funding following the Swiss regulator Finma’s unprecedented decision to write down 16 billion Swiss francs ($17.5 billion) of Credit Suisse AT1 debt. The experts covered: What is the outlook for additional tier 1 notes and how will banks navigate this environment? What lies behind the regulator’s decision to completely wipe-out Credit Suisse’s AT1s, effectively reversing the order of who should absorb losses first in a troubled bank? Who the next Credit Suisse might be, and what is coming for European banks? If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey. #leveragedfinance #highyield

Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - French biscuit producer Biscuit International after it saw its loans drop to the low 70s last month; - German fashion retailer Takko’s restructuring agreement; and - An overview of the private credit space in the first quarter. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey.

Reorg's municipals reporter Hoa P. Nguyen speaks with Cooper Howard, director of fixed income strategy at Schwab Center for Financial Research, about the recent movements in the municipal bond market. What's the impact of the Silicon Valley Bank's collapse and the Fed policies on the munis market? Why are we seeing an increase in ESG bond issuances? #municipalbonds #muniland