Reorg Blog

Register Now here. Join Reorg on Friday, July 28, as we discuss the background to Thames Water’s recent troubles and discuss what may lie ahead for the company, its shareholders and creditors.  Panelists: Celine Buttanshaw, Legal DirectorWayne Jambawo, Credit AnalystConnor Lovell, Senior Legal Reporter Our expert team will provide: A brief summary of the U.K.’s water regulation framework and the relevant special administration regime;An overview of the events and financial performance leading up to the government’s announcement that contingency planning had begun;Market views on the group going forward. You can find recent coverage on Thames Water here. Please submit any...

Today, June 30, marks the reporting deadline for Sustainable Finance Disclosure Regulation, or SFDR, which requires asset managers, investors and other financial market participants to disclose their integration of sustainability risks and consideration of adverse sustainability impacts for their investment decisions. Ahead of this deadline, the ESGx by Reorg team has successfully delivered reporting on more than 100 individual funds and expects to continue publishing additional funds through the due date. As a trusted regulatory reporting partner, we’re excited to continue delivering this critical information to our customers with our transparent, auditable data and cutting-edge reporting technology. Given the successful delivery of the first...

Last night, Reorg was recognized as 2023 Best Data and Information Provider at the US Credit Awards 2023, hosted by Hedgeweek and Private Equity Wire. This award is an exciting milestone as we continue to build awareness that Reorg’s solutions cover the full credit lifecycle. ive thanks and congratulations to the team at Reorg who continue to push boundaries and bring clarity to the opaque credit markets. To learn more about Reorg's offerings for the leveraged finance community, visit the website.

Traditional risk prediction models only scratch the surface when it comes to assessing risks. However, with Reorg's Restructuring Risk Index (RRRI™), Reorg has transformed this landscape with a ground-breaking AI-driven solution. The RRRI generates a predictive likelihood of any U.S. publicly traded company entering a restructuring process and filing for bankruptcy. What sets RRRI apart: Extensive Data Coverage: By granting you access to extensive data coverage on over 2,000 public companies, including a comprehensive library of past and ongoing updates to RRRI values, you gain a deeper understanding of distress signals, historical patterns and recurring risk factors to make informed...

In light of macroeconomic headwinds, rising central bank rates and the resulting difficult conditions for refinancing seen since the first quarter of 2022, Reorg has started tracking amend-and-extend, or A&E, transactions in the European leveraged finance market. Our recent report, compiled by the EMEA legal team, highlights key trends based on our intelligence on A&Es gathered to date: Since July 2022, 70 different tranches of debt have been subject of a consensual A&E, with 52 of those being launched in 2023 alone.Borrowers typically launch their A&Es with an average remaining time to maturity of 21 months.The average extension period seen is 29 months, with a range of six to 51 months.  Learn...

Earlier this week, the Reorg team hosted a live, in-person panel event in New York! The event, titled From Issuance to Workout: Opportunities and Risks in Times of Volatility, featured two panels covering the most topical items in the leveraged finance and distressed credit markets. Following an introduction by Sarah Gefter, Reorg's Managing Director - Americas Credit, the first panel took the stage. This panel, moderated by Reorg's SVP & Head of Research - HY, covered "Issuer Funding Trends in the Current Credit Climate" included the following experts: Chris Bonner | Head of Leveraged Capital Markets - Goldman SachsJane Lawrence | Portfolio Manager...