Fri 10/08/2021 10:18 AM
AS Adventure’s term loan B jumped to 92-mid after a €5.6 million block of the debt traded as part of a €200 million BWIC last month, sources told Reorg. The loans had been bid at 88 before the auction, after having surged some 18 points during August as the Benelux-based outdoor sports clothing and equipment retailer’s outperformance attracted hedge funds eyeing its reorganized equity.
August sales came in at €45.3 million, some distance ahead of €39.6
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