Sectors > Top Reports > Selecta Memo 260220
Selecta Memo 260220
Selecta. Strong Momentum. Refinancing And / Or IPO In Sight. Analysis Of The Path Ahead
PUBLISHED: 26 February 2020
PAGES: 228
PRODUCT CODE: SELNSW0001
SUBMARKET:
Selecta, Top Reports, Top Reports,
£2,670.00
Why Read?
- Understand the business and its key value drivers (e.g. exposure to certain macro factors, in particular, working hours at the office)
- Industry overview, drivers and main private and public competitors
- Understand the Pelican Rouge and Argenta Group acquisitions in 2017-18: synergies expectations and integration developments
- Everest thinking on IPO / refinancing / CDS orphaning
- Update on the macro picture and tax legislation (plastic and sugar taxes) affecting the sector
- Understand the main historic corporate events with a focus on the 2018 refinancing and 2019 add-on and background on historic industry debt restructuring / distress
- Understand the capital structure and the key terms of each instrument
- Historic financial analysis back to 2013
- Base and bear case forecasts (including of liquidity in a deep and sustained economic downturn)
- Detailed DCF and trading comparables valuations
- Waterfall and recovery analysis
- Return analysis considerations on a possible investment in the Senior Secured Notes