EMEA Core Credit: Galapagos Winding-Up Order; Takko Restructuring Options
Each episode of Reorg's weekly EMEA Core Credit podcast series features detailed discussion on issues and companies across the credit lifecycle. This week’s podcast includes discussion of: - The English High Court’s recent judgment on the winding up of Galapagos SA; - German discount retailer Takko’s restructuring options; - An increasingly common carveout in bond and loan documentation allowing borrowers to redirect asset sale proceeds; and - The latest news from the European primary market. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial.