It is odd to see the deadlines being postponed again. We don’t know the detail, but note the growing chatter about a group of accounts perhaps

Noteholders get to claim their shares and sign up for the New Money Notes between today and Friday 20th of June. We are not pretending to be

The ‘25s are now arguing their case in Sweden, having been dismissed in Texas. We remain confident, however, that the deal will go through smoothly.

After the confirmation of its Ch11 proceedings in Texas, Intrum have now also received approval from the Stockholm district court. Given the

The confirmation of Intrum’s restructuring plan in Texas is good news for the vast majority of bondholders, even though it is mostly priced in. We suspect the

Shareholders have formally agreed to their dilution under the restructuring plan by allowing share issuance in excess of 10% - conditional upon a

In another deal funded by Cerberus Intrum are preparing to buy a €2bn portfolio from Hoist - right as the company is preparing to restructure its