Troubled Landlord Adler Posts Losses on Debt Restructuring Costs

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Landlord Adler Strikes Deal With Bondholders to Overhaul Debt(Bloomberg) -- German landlord Adler Group SA has struck a deal with a majority of bondholders to refinance debt and inject more liquidity to the embattled...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Landlord Adler Strikes Deal With Bondholders to Overhaul DebtGerman landlord Adler Group SA has struck a deal with a majority of bondholders to refinance debt and inject more liquidity to the embattled company in what would be its second debt overhaul in the past two years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

S&P Cuts Adler by Two Notches After Debt Accord with BondholdersS&P Global Ratings has downgraded Adler Group to ‘CCC-’ from ‘CCC+’ after the embattled landlord signed a non-binding agreement with bondholders on restructuring its debt.
Source: BNNBloomberg - 🏆 83. / 50 Read more »