Primary Analysis: Five $350M 2028 SSNs Offering
Reorg Blog
SEPTEMBER 21, 2023
Five Holdings, a luxury hotels operator in Dubai and Switzerland, is marketing $350 million senior secured notes due 2028.
2028 Related Topics 
Primary: Benteler SSNs 2028 Feature Structural Security Only
Reorg Blog
APRIL 26, 2023
The post Primary: Benteler SSNs 2028 Feature Structural Security Only appeared first on Reorg.
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Primary: Bormioli New Notes Due 2028 Have Weaker Value Leakage
Reorg Blog
MAY 2, 2023
The post Primary: Bormioli New Notes Due 2028 Have Weaker Value Leakage appeared first on Reorg.
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Primary Analysis First Take: Italmatch €700M 2028 Senior Secured Fixed
Reorg Blog
JANUARY 24, 2023
The post Primary Analysis First Take: Italmatch €700M 2028 Senior Secured Fixed appeared first on Reorg.
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Coverage Initiation: Gaming Sector Overview Part 2: Red Rock Resorts’ 2028, 2031 Bonds Relatively Attractive Given Deleveraging Plan, Cash-Generative Business Model
Reorg Blog
AUGUST 8, 2023
The post Coverage Initiation: Gaming Sector Overview Part 2: Red Rock Resorts’ 2028, 2031 Bonds Relatively Attractive Given Deleveraging Plan, Cash-Generative Business Model appeared first on Reorg.
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Primary Analysis Post-Close: 10% Yield on Intrum €450M SUNs due 2028
Reorg Blog
DECEMBER 14, 2022
The post Primary Analysis Post-Close: 10% Yield on Intrum €450M SUNs due 2028 appeared first on Reorg.
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Primary Analysis: Five $350M 2028 SSNs Offering Supported by Unique Market Positioning, Capital-Light Model Under PLF, Deleveraging Prospects; Limited Scale, Business Diversification Among Concerns; Bond Peers Yield About 7.4%
Reorg Blog
SEPTEMBER 21, 2023
The post Primary Analysis: Five $350M 2028 SSNs Offering Supported by Unique Market Positioning, Capital-Light Model Under PLF, Deleveraging Prospects; Limited Scale, Business Diversification Among Concerns; Bond Peers Yield About 7.4% appeared first on Reorg.
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BREAKING: Mallinckrodt Opts Against Making Interest Payments on 11.5% 1L Senior Secured Notes due 2028, 10% 2L Senior Secured Notes due 2029
Reorg Blog
JUNE 16, 2023
1L Senior Secured Notes due 2028, 10% 2L Senior Secured Notes due 2029 appeared first on Reorg. The post BREAKING: Mallinckrodt Opts Against Making Interest Payments on 11.5%
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Cash Flow Model: Philips Domestic Appliances 2028 SSNs 11.5% Yield Less Attractive Than Comps, 67 Price Provides Upside, Limited Downside as Notes Fully Covered; Expected Demand Decline, Cash Burn in 2023, Though Robust Liquidity; Deleverage to 3.6x by Year End 2025 Unless Severe Downturn, Carve-Out Costs Do Not Taper Off
Reorg Blog
DECEMBER 22, 2022
The post Cash Flow Model: Philips Domestic Appliances 2028 SSNs 11.5% Yield Less Attractive Than Comps, 67 Price Provides Upside, Limited Downside as Notes Fully Covered; Expected Demand Decline, Cash Burn in 2023, Though Robust Liquidity; Deleverage to 3.6x
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UPDATE 3: Rocket Software Floats Price Talk in 9% Area for $1B Senior Secured Notes Due 2028
Reorg Blog
APRIL 23, 2024
UPDATE 3: 7:42 a.m. ET 4/16/2024: Price Talk: 9.00% area Portability: None (removed) Timing: Books close at 12:00pm ET today; pricing thereafter For Reorg’s primary analysis, click HERE. For S&P’s ratings report, click HERE. UPDATE 2: S&P Assigns Rating of B- to Rocket
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Tsinghua Unigroup Guaranteed USD Bonds Has Received CNY 24.5M
Reorg Blog
JANUARY 29, 2024
guaranteed bonds due 2028 issued by Tsinghua Unic Ltd., Citicorp International, trustee for Tsinghua Unigroup’s $200 mn 6.5% sent a notice to bondholders stating that on Jan. 15, the trustee had received CNY 24.5 mn net amount of the eighth interest payment.
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What’s New for SAP Build Work Zone in Q2 2023 and what is coming next?
SAP Credit Management
JULY 19, 2023
Existing customer investments in the Neo environment and related services can remain in place until the sunset of the services on December 31, 2028. SAP intends to work with customers to provide support for migrations including best practice documentation for migration projects and execution, and guidance to help lower migration costs.
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Primary: Pure Gym New 2028s Features Looser Terms Than Existing 2025s
Reorg Blog
SEPTEMBER 27, 2023
Pure Gym is marketing £805 million in senior secured notes due 2028 (New 2028s). The company will use the proceeds to refinance in full the group’s outstanding €490 million 5.5% senior secured notes due 2025 and £430 million 6.375% senior secured notes due 2025 (Existing 2025s).
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Xella Q2 Adj. EBITDA Falls 40% YoY to €60M as Construction Slowdowns
Reorg Blog
SEPTEMBER 11, 2023
As a result, the group has maintained its sizable liquidity buffer while it faces no major maturities until its term loan becomes due in 2028, leaving it well placed to ride out the construction downturn, sources noted.
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Atos FAQ: Lessons Learnt on New French Restructuring Regime, Class Composition From Orpea, Casino Cases
Reorg Blog
FEBRUARY 6, 2024
Legal Research: Chetna Mistry Credit Research: Giulia Rusconi Reporting: Andrew Ross Relevant Documents: Atos 2029 Bonds Prospectus Atos 2025/2028 Bonds Prospectus Bond investors in French IT group Atos are concerned about being primed as the company progresses in debt talks with its lenders.
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Primary: Energia’s SSNs 2028s Feature Large Issue Date Capacities
Reorg Blog
JULY 18, 2023
Irish energy business Energia is marketing €600M of senior secured notes due 2028 (New 2028s) to fully refinance the group’s existing SSNs.
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The Rise of The Ambulatory Surgery Center
RevCycle
JUNE 15, 2023
Here is additional information about the growth of ASCs: The growth of ASCs is expected to continue in the future: The American College of Healthcare Executives projects that the number of ASCs will increase to over 7,000 by 2028. The growth of ASCs is likely to lead to a decline in hospital-based outpatient surgery volume.
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Primary/Waterfall Analysis: EG Group
Reorg Blog
JUNE 20, 2023
The transaction will term out the 2025 term loan Bs by three years, and one 2026 term loan B by two years to 2028. EG Group has launched an amend-and-extend transaction to push out the maturities on about $6.09 billion of its existing term loan Bs. Commitments are due tomorrow, Wednesday, June 21.
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Dynamic Date Filters in SAP Service & Asset Manager
SAP Credit Management
AUGUST 25, 2023
Hopefully this helps explain how to use this very useful Filter Handler!
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Impact of Microsoft Dynamics GP Roadmap on You
dynavistics
MAY 8, 2023
We have also heard rumors that GP was no longer supported in 2028, 2021, 2018… Well, that is not true, and some ERP companies are using a recent Microsoft Dynamics announcement as a fear tactic. This article will attempt to explain the recent announcement and provide some direction on the roadmap.
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Primary Analysis: Energia
Reorg Blog
JULY 18, 2023
Irish energy group Energia is issuing €600M senior secured notes due 2028 to refinance its existing €350M SSNs.
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Primary Loans: Inspired Education
Reorg Blog
JULY 18, 2023
Private school operator Inspired Education is marketing a €350M term loan B due 2028.
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Learfield Close to Unanimous Lender Support for Out-of-Court Restructuring Proposal
Reorg Blog
AUGUST 29, 2023
The proposal, which has over 90% of term loan lenders on board, would reinstate existing debt at 55 cents on the dollar, resulting in a new $500 million loan due 2028, the Learfield is soliciting lender participation to restructure the company’s debt out of court, according to sources.
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Best industry to start a business in 2023
Lendio
OCTOBER 11, 2023
And demand for software is only expected to grow in the coming years, with revenue forecasts for the software industry are expected to reach more than $414 billion by 2028. from 2023 to 2028. Businesses are continuously looking for ways to streamline data and processes, which often leads to high payouts for publishers and developers.
Embedded Finance Trends: 7 Trends for the Year Ahead
FundThrough
OCTOBER 21, 2022
trillion by 2028, embedded finance is going to become […]. The demand for embedded finance is on the rise in the business-to-business (B2B) landscape, transforming the way B2B companies buy and sell while creating new opportunities for fintech, corporate buyers, suppliers (especially SMBs), and non-financial institutions.
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3 Untapped Industries Booming With Economic Growth
Due
FEBRUARY 28, 2024
Between 2024 and 2028, that number will grow roughly 7% yearly. Over the last several years, eSports tournaments have become incredibly popular as well, drawing record-breaking viewership and sponsorship opportunities. The global eSports market is anticipated to hit $4.3 billion in revenue by the end of 2024.
The Urban Challenge: Can Cities Fill the Tax Gap Created by Empty Offices?
Loomis Sayles Credit Research
MAY 24, 2023
recently unveiled an ambitious “Comeback Plan,’’ which seeks to create 35,000 jobs in high-growth sectors, add 15,000 downtown residents and add seven million square feet of residential units by 2028. [iv] Muriel Bowser, mayor of Washington, D.C.,
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The ‘why’ behind Business Process Transformation
SAP Credit Management
JANUARY 25, 2023
billion by 2028 with a CAGR of 22.1%. How Business Process Transformation plays a role in Digital Transformation All trends show that Digital Transformation is here to stay. The Fortune Business Insights projects that the Digital Transformation Market will reach USD 3,546.80 But what does the term ‘Digital Transformation Market’ even mean?
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Shared Ledger on SAP HANA – Addressing VAT Challenges in Tax Administration and E-Invoicing
SAP Credit Management
AUGUST 16, 2023
By January 1, 2028, they must have a centralized reporting infrastructure in place to receive real-time transaction data, which will require building new systems to handle structured data. Tax agencies will need to prepare for several key changes under this initiative.
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The future for factoring companies: trends and opportunities
aptic
APRIL 13, 2022
between 2021 and 2028. Researchers expect it to reach €4.36 billion by 2027, with a CAGR of 6.1% in 2022–27. Grand View Research thinks the future looks even brighter and has forecast annual growth of 8.4%
Healthy Aging, Healthy Finances: How Prioritizing Your Health Can Help You Save for Retirement
Due
JULY 13, 2023
By 2028, it is estimated that national healthcare expenditures will reach $6.2 However, according to research sponsored by the Peter G. Peterson Foundation , U.S. healthcare expenditures are projected to rise substantially while producing no better – and sometimes even worse – outcomes.
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The Commercial Electric Vehicle (EV) Charging Station Market (and How To Finance These Projects)
Team Financial Group
APRIL 21, 2023
On top of that, the USPS has announced that it is on its way to owning the largest electric vehicle fleet in the world, with intentions to have over 60,000 Next Gen Delivery Vehicles on the road by 2028. At this rate, gas stations could soon be a thing of the past!
52 
Global Expansion Strategy: A Guide for Expanding Cross-Border eCommerce
TreviPay
APRIL 19, 2024
billion shoppers by 2028 – more than 40% of the world’s population. Without needing to open new stores or offices to diversify revenue streams, you can lower the risk of international expansion while accessing more buyers through eCommerce. Online markets will provide access to an estimated 4.7
10 Cleaning Franchise Opportunities for 2020
Fundera
JANUARY 15, 2020
And according to the Bureau of Labor Statistics, the field of janitors and building cleaners is projected to increase by 7% until 2028 , which is faster than the national average. .
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Migrate your SAP BTP Neo Workflow applications to SAP Build Process Automation
SAP Credit Management
SEPTEMBER 14, 2023
SAP has also announced the sunset of legacy Neo environment and 2028 Dec 31st is the planned sunset timeline.Workflow and Business Rules are two services in Neo environment consumed by customers to build various process automation use cases.
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How to Become a Personal Trainer
Fundera
SEPTEMBER 16, 2019
Bureau of Labor Statistics, the field of fitness trainers and instructors is expected to grow at a faster-than-average rate of 10% through 2028. . And lucky for you, personal training is a promising field with a good amount of job security: According to the U.S. The barrier to entry for this quickly growing field is relatively low.
Forwardly Redefines Business Efficiency with Launch of Instant Bill Payments
ForwardAI
JANUARY 24, 2024
The Clearing House’s RTP Network has reported that 150,000 businesses are sending payments over its network, a 50% increase since December 2022. It’s projected that real-time payments c ould replace up to $37 trillion in ACH and check-based B2B payments in the U.S.
13 Low-Cost Business Ideas That Are Easy to Launch
Fundera
OCTOBER 25, 2019
According to the Bureau of Labor Statistics, the field of event planning is projected to grow at a faster-than-average rate of 7% until 2028. Your costs are mainly limited to registration and marketing, but word of mouth will be a powerful (and free) tool for garnering your first clients. . Event or Wedding Planning.
40 RISE with SAP Supports Atos to be More Agile and Move towards Net-Zero
SAP Credit Management
FEBRUARY 8, 2023
RISE with SAP will play a key part in helping us achieve our ambition to reach ‘net zero’ by 2028”, says Richard. In the Cloud ERP environment, Atos chose from a range of options to reduce its carbon impact. Atos is not only customer of RISE with SAP, but also an implementation partner.
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The Silver Economy: Unveiling Investment Opportunities in Aging Populations
Due
FEBRUARY 9, 2024
from 2021 to 2028 , which is partly attributed to the increasing need for tailored financial solutions for seniors. For instance, the robo-advisory tech industry is booming thanks to the rising demand for personalized investment guidance. Data shows that the global digital wealth management market is expected to grow at a CAGR of 15.3%
12 E-commerce Business Ideas To Try
Lendio
MARCH 15, 2023
from 2021 to 2028. Or, you can consider a private-label company that creates toxic-free cleaning and home care products that have ingredients you approve. Educational Materials And Courses In 2021, the online education market brought in $15 million in revenue and is projected to grow by 6.5% Are you good at photography or sewing?
Small Business Ideas for Women in 2024
Lendio
FEBRUARY 28, 2024
trillion by 2028. Cybersecurity consulting also allows you to participate in an important fight against cybercrime, which is expected to skyrocket in the next four years reaching a global cost of $13.82
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