EMEA Core Credit: 2023 Maturities; Norican; Adler; Value Leakage Risk in Loan Documents (Aug. 5)

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Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - A summary of high-yield and loan credits with maturities in 2023, as a challenging primary market makes refinancing difficult. - The latest news on German real estate company Adler Real Estate. - An overview of Danish industrial engineering group Norican and the refinancing prospects of its €340 million senior secured notes due in May 2023. - Increased value leakage risks for lenders where a senior facilities agreement has a so-called Available Amount basket, with no annual excess cash flow sweep, and why bondholders also need to be concerned about this. Reorg is always looking for feedback to help us improve the podcast experience! Please take a moment to complete the short survey in the link below and let us know how we’re doing. https://www.research.net/r/Reorg_podcast_survey If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.