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Olympic Casino’s asset grab unnerves European junk bond investors (Reuters)

July 6, 2020 | File Under: , , ,

” A sleight of hand by the owner of an Estonian gaming company is alarming investors worried that tactics used by private equity firms in the United States to shift assets away from creditors are coming to Europe.” – by Yoruk Bahceli

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Restructuring the next wave of cov-lite debt (JDSupra)

July 17, 2019 | File Under: , , ,

“89% of European HY bond deals in 2018 provided for cost savings and/or synergies to be included in EBITDA or pro-forma adjustments.” “85% of all leveraged loans in the UK were cov-lite by the end of 2018.” by White & Case

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