Thu 10/28/2021 13:26 PM
Relevant Document:FY’20 Report
Barclays and Citi have sold out of their debt positions in Pepe Jeans’ term loan, sources told Reorg. Banco Sabadell has also offloaded debt and distressed investors are anticipating further supply, sources added.
Some sellers had been marketing €8 million and
€10 million of the debt separately, sources added. Barclays and Sabadell had been
reportedly selling around €25 million of the syndicated term loan, while JPMorgan had previously bought about €4.4 million...
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