Beatrice Mavroleon

My latest article for @Reorg about @Upfield: Investors Considering Upfield TLB A&E Highlight Strong Performance, Price Increases as Positives; Outlook, Higher Interest Costs, Persistent High Leverage Are Concerns. https://t.co/fYPCYRG7px (subscriber content) #leveragedloans https://t.co/HbTAMfGnOD

Latest note for @Reorg: Profine €380M 2028 SSNs Mid-High 9% IPT Below Peer Average; Backed by Energy Efficient Product Demand, Cost Passthrough; Risks of Exposure to Renovation, Limited FCF. https://t.co/UaxvPtmB9y (subscriber content) #highyield #highyieldbonds #finance https://t.co/yVqfpc0mxx

My latest article for @Reorg about @Nouryon 's term loan B amend-and-extend: Investors Highlight Tight Pricing Given Flat Performance, Concerns About Demand #leveragedfinance #finance #chemicals #journalism #sustainability (subscriber content) https://t.co/SQaE8bi5An https://t.co/PAswsPnIkm

Analysis by for @Reorg with market comment by me about Italian gaming company Lottomatica: Lottomatica €1.115B SSNs 7.5% Yield on Fixed Rate Tranche Compensates for Higher Leverage Than Comps #highyield #ipo #gaming #finance (subscriber content) https://t.co/ZShNVbdWeI https://t.co/v6SG2FTa9p

Investors Considering Tricor/@VistraGroup $1.66B-Eq. Incremental TLB Laud Increased Scale, Geographical Diversification, FCF; Execution Risk, Overlapping Activities Are Concerns https://t.co/suCKZ5kAJT https://t.co/suCKZ5kAJT (subscriber content @Reorg ) #levfin #Finance https://t.co/QkE2l87TjF

Investors Considering Motor Fuel Group TLB A&E Highlight Scale, Strong Performance, FCF as Positives; EV Rollout, Fuel Margin Normalization, Higher Cash Interest Are Concerns. (subscriber content @reorg) https://t.co/UXKcM1Ek3g #leveragedfinance #leveragedloans #retail #energy https://t.co/W3siAV4mPF

Investors Considering Rubix €1.19B TLB Extension Highlight Resilience, Diversification as Positives; High Leverage, Negative Free Cash Flow Post M&A, Low Margins Are Concerns (subscriber content) @Reorg https://t.co/Lw68u0LGtW #levloans #leveragedfinance https://t.co/LcGyhqM3Sf

Tendam seems to have done well. It's retail but has been very conservatively managed, generating lots of cash and with low leverage. #highyield #retail #Spain #levfin #leveragedfinance My article about @TendamRetail for @Reorg: https://t.co/OhMnIj1hIW (subscriber content)

My latest article for @Reorg: @Iceland Notes Decline on Rising Energy, Input Costs; Thin EBITDA Margins Face Compression(subscriber content) https://t.co/EgcyN8ttfQ #highyield #inflation #food #supermarkets #leveragedfinance #energy #energycrisis https://t.co/KRaI4z6fe2

European Credit Market Strengthens But Primary Pipeline, Underwriting Activity Remain Limited; Pre-Marketing Still Necessary; Direct Lending Becomes Less Viable Alternative; CLO Issuance Faces Challenges #highyield #leveragedloans (subscriber content) https://t.co/hQ8fhPanFo https://t.co/6Rea1M7C6N

My latest article for @Reorg : @Technicolor Spinoff TCS Raising €625M-Equivalent Term Loan; Margins Expected at E+6%, SOFR+7.5% on Euro, Dollar Tranches; OID in Low to Mid-90s (subscriber content) https://t.co/tjWmgeR5N8 #leveragedloans #refinancing https://t.co/liyTxlLNNX

I contributed to this article written mostly by Aurelia Seidlhofer about issuers with 2023 maturities. https://t.co/n2zdIbWEBi Raffinerie Heide, @Matalan, Accentro, Adler Group, Aggregate, Norican, @HurtigrutenEXP, Takko, Keter, Flint, Flakt, Cirsa. (subscriber content) #levfin

Gaming1 is coming back. This time, OID is thought to be around 90-91 with the margin unchanged at E+525 bps. Docs will also be more lender friendly. #levfin #leveragedloans

OptiGroup is back. This time they have 2L facility too. Doing it with a small group of investors. OID expected in low 90s. Read it at @Reorg https://t.co/byVixT0Ce2 (subscriber content) #levfin #leveragedloans #leveragedfinance

Contributed to this article written by my editor Robert Schach for @Reorg: Prosol 2Q EBITDA Down 74% YoY as Earnings Slump Accelerates; Seeks €107M State-Guaranteed Loan to Boost Liquidity After €100M YTD Cashburn (subscriber content) https://t.co/4mrrxRrxh6 #leveragedfinance https://t.co/fKBKOoaVnu