Save from as low as €40 per month Change modify pause
Despite we acknowledge that the retail sector is currently facing remarkable challenges, both through the online ideology and more recently, with a higher mark, the COVID-19 saga, from a debt service perspective, the Group holds the ability to service its debt.
It is important to remark that the Guarantor has an important weight on the Group, through its different target market, namely office space and its current strong tenant base. In addition, it is fundamental to note that the Guarantor’s EBITDA generation can cover the entire Group’s financial obligations, if the Group is faced with a prolonged stressful scenario brought about by COVID-19. As a result, we are issuing a Neutral credit opinion on the Issuer.
Click here to read the full report.
Don’t miss a beat. Sign up for our newsletter
1
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting to our privacy policy and can unsubscribe at any time.
Δ
To provide the best experiences, we use technologies like cookies to store and/or access device information. Cookies are used for ads personalisation. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
