Mon 09/06/2021 12:59 PM
A €5.6 million block of AS Adventure’s loans is up for auction on Wednesday, Sept. 8 as part of a €200 million BWIC, sources told Reorg. The loans are currently bid at 88 after rallying some 18 points over the past month as the Benelux-based outdoor sports clothing and equipment retailer’s blistering recovery attracted hedge funds eyeing its reorganized equity. July trading maintained the recent outperformance, with earnings and cash generation far outstripping budget, sources added.
The...
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