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Content provided by Octus Podcast Network (formerly Reorg) and Octus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Octus Podcast Network (formerly Reorg) and Octus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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Reorg Special Podcast: Altice France - Creditors Mobilize as Drahi Tries to Wield the Stick

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Manage episode 409118218 series 1947315
Content provided by Octus Podcast Network (formerly Reorg) and Octus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Octus Podcast Network (formerly Reorg) and Octus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Listen now: https://go.reorg-research.com/reorg-special-podcast-altice-france Altice France’s attempt to fix its capital structure through potential discounted buybacks is threatening to spiral out of control. The slide in the group’s unsecured bonds on the back of management’s likely intentionally bearish investor call galvanized investors into organizing, with two groups forming, raising the potential for creditor-on-creditor violence. In the podcast, we discussed the market reaction after last week's earnings call and Reorg’s view on management’s guidance and Altice France’s valuation. We also explain how asset drop-downs are permitted under the terms of the bonds and the implications for creditors. Finally, we delve into the French restructuring regime and French director duties.
  continue reading

577 episodes

Artwork
iconShare
 
Manage episode 409118218 series 1947315
Content provided by Octus Podcast Network (formerly Reorg) and Octus Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Octus Podcast Network (formerly Reorg) and Octus Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Listen now: https://go.reorg-research.com/reorg-special-podcast-altice-france Altice France’s attempt to fix its capital structure through potential discounted buybacks is threatening to spiral out of control. The slide in the group’s unsecured bonds on the back of management’s likely intentionally bearish investor call galvanized investors into organizing, with two groups forming, raising the potential for creditor-on-creditor violence. In the podcast, we discussed the market reaction after last week's earnings call and Reorg’s view on management’s guidance and Altice France’s valuation. We also explain how asset drop-downs are permitted under the terms of the bonds and the implications for creditors. Finally, we delve into the French restructuring regime and French director duties.
  continue reading

577 episodes

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