Reorg Blog

MARCH 11, 2024

The post Europe Care Homes: Staff Shortages, Regulatory Changes, Sale-and-Leasebacks Reduce Cash Flow Visibility; Increasing Occupancy, Easing Inflation Alleviate Some of €4B 2026 Refinancing Concerns appeared first on Reorg.

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Reorg Blog

JANUARY 5, 2024

The post UPDATE 1: Wesco/Incora 2024/2026 Noteholders Affirm Opposition to Amended Plan, Question UCC Justification for Agreement to Proposal appeared first on Reorg.

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Reorg Blog

SEPTEMBER 19, 2023

The post New Coverage: Surgery Partners’ Acquisitions, Leverage Present Risk, but Investors Adequately Compensated by S+375 Term Loan Maturing 2026 appeared first on Reorg.

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Reorg Blog

JUNE 6, 2024

The post Waterfall Analysis: Partial Redemption Coupled with A&E Likely Option to Address Pfleiderer 2026 SSNs; Sponsor New Money Needed as Support; Full Value Recovery Expected by Investors appeared first on Reorg.

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Reorg Blog

SEPTEMBER 4, 2024

The post UPDATE 2: West China Cement Says to Repay $600M 4.95% Due 2026 Notes With Cash Flow, Capex Funds From 2025; Expects Overseas Cement Sales to Reach 3.5M, 10M Tonnes in H2’24, 2025, Gross Profit ~CNY 400 Per Tonne Sold Overseas appeared first on Reorg.

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Reorg Blog

JANUARY 30, 2024

The post Even With Material Asset Blocker Workaround, iHeart Likely Can’t Address 2026 Maturity Wall With an Asset Drop-Down Without Significant EBITDA Improvement appeared first on Reorg.

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Reorg Blog

SEPTEMBER 19, 2023

The post New Coverage: Surgery Partners’ Acquisitions, Leverage Present Risk, but Investors Adequately Compensated by L+375 Term Loan Maturing 2026 appeared first on Reorg.

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Reorg Blog

JULY 24, 2023

The post Dish, Altice, Lumen and Sabre Headline Public Stressed Credits With Upcoming Maturities; Credit Cloud Search Reveals 38 Stressed Public Credits With Maturities Before 2026, YTM Over 12% appeared first on Reorg.

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Reorg Blog

FEBRUARY 27, 2024

The post Oriflame RCF Lenders Hire Linklaters for Debt Negotiations; Bondholders Working With Sullivan & Cromwell; 2026 Bonds Slide 2 Points to Mid-20s After Q4 EBITDA Collapse appeared first on Reorg.

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Reorg Blog

JANUARY 12, 2023

The post UPDATE 1: Lippo Finalizing Up to ~IDR 5T Club Loan, UOP Potentially to Buy Back Due 2025, 2026 Notes appeared first on Reorg.

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SAP Credit Management

AUGUST 17, 2023

While SAP will not technically disable compatibility pack functionalities immediately in 2026, there is obviously no more support for them, and SAP does not guarantee their flawless functioning after expiration. This date is a real hard stop, because continued usage of these functionalities constitutes a breach of contract.

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Reorg Blog

OCTOBER 2, 2024

headquartered carpet and tiles distributor Victoria has today seen its €500 million senior secured notes due 2026 drop by around 3 points to 90 and its €250 million SSNs due 2028 Reporting: Robert Schach Credit Research: Charlie Ward Legal Research: Azzurra Camillieri, Bart Capeci U.K.-headquartered

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Reorg Blog

OCTOBER 2, 2024

Wed Oct 02, 2024 06:34 AM ET: The level of support for the extension of French telecoms company Altice France’s secured creditors’ cooperation agreement by one year to February 2026 has reached 94% of the company’s total senior secured debt and 98.5% of the existing

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Reorg Blog

OCTOBER 2, 2024

2026 has reached 94%. The level of support for the extension of Altice France’s secured creditors’ cooperation agreement by one year to Feb.

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Reorg Blog

SEPTEMBER 11, 2024

Reporting: Robert Schach Estonian wood pellet producer Graanul Invest faces a challenging refinancing of its 2026 bond maturities. Earnings are rebounding after the group managed to finally renegotiate its contract with U.K. based energy producer Drax, its biggest customer, which is starting to

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Reorg Blog

SEPTEMBER 11, 2024

Estonian wood pellet producer Graanul Invest faces a challenging refinancing of its 2026 bond maturities, with earnings rebounding.

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Reorg Blog

JULY 10, 2024

online grocer and technology company Ocado’s 3.875% 2026 notes have fallen to about 85-mid, after Canadian partner Sobeys said it would pause the opening of its fourth customer fulfillment center.

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Reorg Blog

JULY 9, 2024

Swiss vending machine operator Selecta is under pressure to tackle the 2026 maturity of its reinstated first and second lien secured notes, amid consistent cash burn and an unsustainable cash interest burden.

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Reorg Blog

AUGUST 7, 2024

Reorg has identified 31 public companies within our stressed/distressed universe that have upcoming maturities from May to the end of 2026.

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SAP Credit Management

AUGUST 4, 2023

planned for the 1H 2026 release. In June 2023, SAP announced the formal transformation timeline from the legacy “Onboarding 1.0” solution to the new SAP SuccessFactors Onboarding solution. With the 2H 2025 Release, Onboarding 1.0 will enter End of Maintenance, with the Depreciation of Onboarding 1.0 So what does this mean for our customers?

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Abrigo

MAY 30, 2023

During 2025, this type of institution needs to collect data for the entire year and report it by June 1, 2026. 1, 2025, and they must report data collected for the entire 2025 year by June 1, 2026. 1, 2026, and they are required to collect the information for the entire year.

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Reorg Blog

APRIL 3, 2024

billion-equivalent maturity wall in March 2026. Kloeckner Pentaplast, or KP, has a short window to deliver on an ambitious business plan and become a viable issuer for primary market participants, ahead of a €1.6

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Due

SEPTEMBER 25, 2024

before it plateaus in 2025 and starts to decrease in 2026 and 2027. before it plateaus in 2025 and starts to decrease in 2026 and 2027. The Federal Reserve anticipates a continued increase to 4.4% This forecast is based on current economic conditions and the Fed’s monetary policy. As of now, the unemployment rate stands at 4.2%.

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Reorg Blog

SEPTEMBER 30, 2024

Author: Qiang Ren, Senior Credit Analyst Relevant Documents: Excel File on Reorg Analysis Page KML (Google Maps/ Earth) File on WCC Plant Locations Reorg’s Asia Highlights: West China Cement Limited, or WCC, reported a 15.8% year-over-year revenue decline in the first half of 2024,

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Reorg Blog

JUNE 2, 2023

The Incora debtors have filed the first day declaration of Incora CFO Raymond Carney in support of their chapter 11 filings.

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Reorg Blog

FEBRUARY 28, 2024

billion in 2026. We recently reported on the upcoming maturity wall that Swedish debt collector Intrum is facing, with €654 million maturing in 2024, at least €1.3 billion maturing in 2025 and €2.1

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Collector 52

Reorg Blog

APRIL 24, 2024

billion-equivalent senior secured debt package to refinance its 2025 and 2026 maturities. supermarket chain Asda is premarketing a £2.65

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Reorg Blog

NOVEMBER 7, 2023

has been in talks with pre-IPO investors of subsidiary Zhuhai Wanda Commercial Management Group and has now proposed to extend investors’ exercise of divestment rights for three years through 2026. Dalian Wanda Commercial Management Group Co.

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RMAi Blog

MAY 1, 2023

The law will take effect January 1, 2026. On May 1, 2023, Indiana Governor Eric Holcomb signed into law Senate Bill 5 , making Indiana the seventh state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, and Iowa.

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Credit and Collections 130

SAP Credit Management

JULY 10, 2023

This product is planned for release in Q1 2026 and will replace SAP’s existing platform of v12.0 As detailed by Thomas Frenehard in his GRC Tuesdays blog , SAP is releasing a new version of its GRC platform: SAP GRC edition for SAP HANA. that includes SAP GRC Access Control, Process Control, and Risk Management.

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Reorg Blog

JANUARY 23, 2024

Oravel Stays Ltd., parent of India’s budget hotel chain Oyo Hotels & Homes, is conducting non-deal roadshows, or NDR, in Hong Kong and Singapore starting this week to test the water for a potential public USD bonds issue for refinancing its outstanding $465 million term loan B, or TLB,

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Reorg Blog

OCTOBER 18, 2023

This, coupled with continued robust organic growth and a €10 million cash injection from its shareholder, has resulted in an uptick of its €275 million senior secured notes due 2026 to the high 70s from the low 60s in May. The notes are now yielding 17%.

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SAP Credit Management

SEPTEMBER 4, 2023

move to customer-specific maintenance on 1st January 2026. Customers receive similar maintenance services in customer-specific maintenance as in mainstream maintenance; however, there are some restrictions in the scope of service because the release is no longer adjusted to new requirements. SAP GTS 11.0

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Reorg Blog

JULY 17, 2023

The pharmacy chain also faces debt maturities in 2025 and 2026, as well as reimbursement rate pressure, reduced demand for Covid-19 vaccines, operational inefficiencies Rite Aid is considering a chapter 11 filing to address liabilities related to its involvement in opioids, according to sources.

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Reorg Blog

JULY 20, 2023

Vedanta Resources to consider repaying $500 mn of the $1 bn bonds due in January 2024 and exchanging it with a new bond with maturity in January 2026

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Reorg Blog

JUNE 19, 2023

PT Delta Dunia Makmur Tbk’s (DOID, or the company) subsidiary BUMA is contemplating issuing up to $500 million senior notes to repay its $400 million 7.75% senior notes due 2026 (Due ‘26s) in order to extend the duration profile of its debts, finance potential acquisitions and contribute working capital.

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Reorg Blog

AUGUST 2, 2023

has reached out to offshore fixed income investors to test water for a new USD denominated bond to refinance its outstanding $400 million 11% privately placed holdco bond due 2026 at a lower cost, two sources familiar with the development said. Continuum Green Energy Ltd.

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