International Park Holding (PortaVentura)
In this episode Hina Shoeb & Sandeep Chana spoke with Lukas Brockmann about PortaVentura’s amend and extend deal and S&P Global Ratings’ rationale for considering it as opportunistic. The theme park operator International Park Holding (PortaVentura) extended maturity and upsized its deal while meeting ongoing leisure demands. This is S&P Global Ratings' only cross sector podcast, providing market participants with advanced analytical insights into Leveraged Finance deals overlaying CLOs. We highlight the key features we’re seeing in corporate credits, leveraged loans, and sectors that CLOs are most exposed to. Related Research: International Park Holdings (PortAventura) Outook Revised To Stable On Term Loan Maturity Extension European Lodging Outlook 2023: A Window Is Opening Scenario Analysis: Can European Lodging Companies Sleep Easy About Rising Rates?