Tue.Apr 23, 2024

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Lessons for Trade Creditors from Recent Bankruptcies

Your Virtual Credit Manager

We can learn a lot from mistakes and failures. This is especially true of our own, but it also applies to other people’s foul-ups and blunders. Experience is a great teacher, and many a success was born out of failure. Edison and the invention of the light bulb is a good example. History, other people’s experinces, is informative as well.

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Best cash flow practices | Chaser

Chaser

Accurate and timely cash flow management is a crucial part of maintaining any business’s financial stability. It’s also a notoriously challenging area of accounting to keep track of due to all the moving parts it involves.

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AI for Small Businesses: Trends and Predictions

biz2credit

It wasn’t long ago that businesses logged transactions in their ledger, manually tracked inventory, and relied heavily on human intuition for decision-making. Today, with the advent of artificial intelligence (AI), small business operations are at the precipice of automating these and many more essential functions. AI, or artificial intelligence, is a type of technology that … Continue reading "AI for Small Businesses: Trends and Predictions" The post AI for Small Businesses: Trends and Pr

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Brightline $1.25B SSNs Backed by Reverse Interest

Reorg Blog

Train operator Brightline East is marketing $1.25 billion of six-year senior secured notes as the Florida railway company seeks to recapitalize with a longer-term capital structure. The group started operations in 2018 with service between Miami and West Palm Beach, extending to Orlando in September 2023. It hopes to further extend service to Tampa.

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3 keys to managing SMB cash flow smartly

Plooto

It’s no secret rebounding from the economic challenges of the pandemic has been especially difficult for small to medium-sized businesses (SMBs). According to a recent poll by American Express Canada, 63% of SMBs said that cash flow issues were impeding their growth — and many of the challenges cited came down to problems just nailing the basics of financial management.

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Staples’ Refinancing $5B Debt Package to Include $2B Term Loan, $2B Secured Bond and $1B Unsecured Bond

Reorg Blog

Reporting: Katherine Schwartz, Michael Haley, Gaurav Sharma Banks including JPMorgan have begun pre-marketing a $5 billion debt refinancing package for office supplies retailer Staples which sources said consists of a $2 billion term loan, $2 billion secured bond and $1 billion unsecured

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Eagle Point to Sell Five CLO Majority Equity Positions Tomorrow

Reorg Blog

Reporting: Hugh Minch A b-wic list with five CLO majority equity stakes is scheduled for 10am tomorrow, April 17, according to Solve data. Sources say that Eagle Point Credit is the account selling the positions, which are worth a combined $157.9 million. The list features $20.

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Spotify’s 2024 first quarter hits the high notes

Due

Music giant Spotify has unveiled its first quarter results for 2024. Spotify, the global streaming platform, has marked a significant milestone in the first part of the new financial year, with a record-breaking 239 million paying premium subscribers. Spotify records positive financial hits Daniel Ek, the enigmatic Chief Operating Officer said “We’ve talked about 2024 as the year of monetization and we’re delivering on that ambition.“ Total revenue for the Swedish company was up by 20% com

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City Brewing Non-Pro-Rata LME Features Double Dip/Intercompany Loan, $115M of New Money

Reorg Blog

Reporting: Dia Gill, Patrick Fitzgerald, Harvard Zhang City Brewing’s liability management transaction involves $115 million of new money in the form of a S+625 bps FLFO facility as well as double dip and intercompany loan features to incentivize participation and minimize

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SEC To Host Second Annual Conference on Emerging Trends in Asset Management

Due

The Securities and Exchange Commission (SEC) is setting out its stall to host the second annual Emerging Trends in Asset Management conference. The government regulator’s Division of Investment Management will lead the event, Thursday, May 16, 2024. SEC’s second conference on asset management The essential conference will bring together the leading names in the asset management industry.

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UPDATE 3: Rocket Software Floats Price Talk in 9% Area for $1B Senior Secured Notes Due 2028

Reorg Blog

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.

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B2B Audience Segmentation: The Key to Targeted Marketing Success

Grit

Imagine a busy market where sellers must carefully ascertain the wants and preferences of each prospective customer to increase their chances of success. Businesses may attain precisely this degree of information and accuracy through the strategic instrument of B2B audience segmentation. This activity improves their ability to interact with and convert their target clients effectively.

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Primary Analysis: Brightline $1.25B SSNs Backed by Reverse Interest as Florida Train Line Ramps Up on Journey Toward Positive FCF Generation

Reorg Blog

The post Primary Analysis: Brightline $1.25B SSNs Backed by Reverse Interest as Florida Train Line Ramps Up on Journey Toward Positive FCF Generation appeared first on Reorg.

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Smart Assignment: How Automation Frees Up Your Assigned Employee Order Handlers

Grit

Modern order management and fulfillment methods that make use of technology and SaaS applications are called automated order processing. In short, throughput efficiency is maximized and assigned employees are minimized when an automated system takes over order processing, streamlining the entire cycle from collecting the order to supplying the product.

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Primary Analysis: Rocket Software $1B SSNs to Finance AMC Buyout Backed by Strong Margins, Cash Flow Despite High Leverage

Reorg Blog

The post Primary Analysis: Rocket Software $1B SSNs to Finance AMC Buyout Backed by Strong Margins, Cash Flow Despite High Leverage appeared first on Reorg.

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7 BigCommerce Apps to Take Your Sales and Orders to the Next Level

Grit

Have you ever wondered how to use BigCommerce to increase sales and improve order management? Well, you’re in luck! Making the most of the appropriate applications might be crucial in today’s fast-paced world of e-commerce. So, if you’re ready to supercharge your sales and orders bigcommerce , you’re in the right place. Sit tight as we take you through seven top-notch BigCommerce apps that will transform how you do business.

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Staples’ Refinancing $5B Debt Package to Include $2B Term Loan

Reorg Blog

Banks including JPMorgan have begun pre-marketing a $5 billion debt refinancing package for office supplies retailer Staples.

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Solve Your BigCommerce B2B Ecommerce Stock Challenges Now

Grit

Running a BigCommerce B2B eCommerce business comes with its challenges, especially when it comes to managing inventory and stock. This daunting task can include keeping track of multiple product variants, managing complex pricing structures, and ensuring accurate inventory visibility across sales channels. However, with the right strategies and tools in place, you can streamline your stock management processes, minimize overselling, and ultimately enhance your customer experience.

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City Brewing Non-Pro-Rata LME Features Double Dip/Intercompany Loan

Reorg Blog

City Brewing’s liability management transaction involves $115 million of new money in the form of a S+625 bps FLFO facility.

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B2B Order Delays? Solve It with BigCommerce B2B Features

Grit

Are you having issues with business-to-business (B2B) order delays? Slow order processing can hurt your company’s reputation and sales. The good news is that BigCommerce has special B2B features built right into their eCommerce platform. These tools are designed to streamline and speed up the entire B2B ordering process for both you and your customers.

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Eagle Point to Sell Five CLO Majority Equity Positions

Reorg Blog

A b-wic list with five CLO majority equity stakes is scheduled for 10am tomorrow, April 17, according to Solve data.

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