Fri 08/06/2021 04:40 AM
Hedge funds are starting to look at AS Adventure as the next potential reorganized equity play. The Benelux-based outdoor sports clothing and equipment retailer
restructured at the start of the year after Europe-wide lockdowns derailed 2020 trading and threatened to trigger a liquidity shortfall. But the group has bounced back much faster than expected since, making the restructured loans look interesting, sources told Reorg.
As part of the restructuring, 50% of AS Adventure’s equity was...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.