Odyssey Europe targets new bond issuance
Top highlights of the week driven by REDD's recognised team of journalists and analysts.
Highlights of the week:
REDD CEEMEA: Odyssey Europe targets new bond issuance
Asli Orbay-Graves from the REDD CEEMEA team broke the news that Odyssey Europe has been sounding out investors for a potential new bond issuance.
Odyssey Europe is the holding company of the Estonia-based gaming group Olympic Entertainment Group. In June, the company’s outlook was revised to negative from stable by S&P on heightened refinancing risk, which was seen as a key concern by the rating agency, as it was unaware of any plans of the group to address the maturity of its EUR 200m notes due in December 2025.
REDD LATAM: Petroperu likely to get bailout following board resignations
Last week, investors were eager to hear what solution the government of Peru was working to aid state-owned oil producer Petroperu. But as the board of directors resigned, REDD quickly reported that the bailout for Petroperu was closer than ever from happening. It didn't take long for the government to confirm it was extending guarantees to bank loans to the company, taking out debt of its balance sheet and improving its capital structure. More details emerged this week, with the government requiring Petroperu to hire a financial adviser and a CTO.
REDD is the fastest-growing news, data and research provider focused solely on emerging markets
REDD’s recognized team of journalists and analysts report on material and impactful trading catalysts, allowing bankers, asset managers and advisors to capitalize on opportunities relevant to their unique needs.
Want the scoop on breaking news and in-depth local insights like this?
Other News from ISI Markets
On-demand webinar: Back in the index: outlook for Zambia and Ghana sovereign bonds after restructuring.
Join us for an insightful on-demand webinar that will present the outlook for the new sovereign bonds emerging from Zambia and Ghana’s debt restructurings. Two high-profile market protagonists will provide their perspectives on opportunities and risks of the new bonds. They will also discuss their takeaways from the two African sovereigns’ journeys out of default. You will hear from industry leaders Ajata Mediratta, Carlo Morelli, and Giovanni Riva.
?? Watch now
On-Demand Webinar: Challenges and opportunities for issuers and investors in the upcoming administration of Claudia Sheinbaum.
Join us for an insightful on-demand webinar delving into two of the main challenges that President-elect Claudia Sheinbaum will face once she takes office in October, and how they affect Mexican companies and investors. The review of the US-Mexico-Canada Agreement scheduled for 2026, and the judicial reform that will likely be approved by Congress, potentially even before Sheinbaum takes office, will impact corporates in many ways. Our panelists will discuss the most important aspects of each, and how investors can prepare or even take advantage.
?? Watch now
Disclaimer: All written and electronic communication from ISI Markets and REDD Intelligence is for information or marketing purposes only and does not constitute or qualify as substantive research.