AMPIL – Asset Sale
26-06-2024 Owner Asterion has reportedly launched a sale of AMPIL’s heat and biomass business. Any binding offers are expected around the end of July. The grid balancing side of the business is not up for sale. We note the... Read More →
AMPIL – DSCR and historic DSCR for March 2023
Aggregated_Micro_Power_Infrastructure_2_plc_-_Forward_DSCR
Bruntwood
Bruntwood is proposing to issue a 6% senior unsecured retail bond, maturing 2025, which will be listed on the LSE. We think the deal can do well due to its well-established regional property business underpinned by satisfactory gearing (debt to... Read More →
Debenhams
Debenhams plc – Aug 2018. Debenhams can trace its history to 1778 when William Clark established a drapers store at 44 Wigmore Street in London’s West-End selling fabrics, bonnets, gloves and parasols. The firm became a public company for the... Read More →
Wasps Rugby Club – Update
ISIN Issue Out Coupon Min Piece Maturity Bid Offer Ask YTM Spread XS1221940510 £35mn 6.5% £2k May 2022 99.75 101 6.23% Gilts + 536bps On 21st December Wasps concurrently applied for approval from Bondholders to amend and waive... Read More →
Stena Q3 update
It’s hard going, but Stena will make it through the end of 2017 with a profit despite the tough drilling and LNG shipping markets. It will be an uncomfortable ride for a while yet as we wait to see how... Read More →
Taseko
Taseko Bond Ticker: TKOCN Equity Ticker: TKO CN Isin Issue Size Rating M / S&P Coupon Min Piece Maturity Next Call Offer YTM US876511AC01 250 B3 / B- 8 ¾ 1000 June ‘22 June ’19 @ 104... Read More →
Pizza Express
Pizza Express Ticker: PIZEXP Isin Issue Size Rating M / S&P Coupon Min Piece Maturity Next Call Offer YTW Govt Spread XS1028948120 £465mn B2 / B- 6.625% s/a £100k Aug 2021 Now to Aug 2018... Read More →