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Giulia Morpurgo Profile
Giulia Morpurgo

@gmorpurgo

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covering distressed debt and corporate crises across Europe for @business 🖋️📒 Views mine, not my employer's

London, England
Joined May 2012
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@gmorpurgo
Giulia Morpurgo
9 months
The hardest part of the job is by far to decipher those convoluted descriptions on corporate websites to understand what these companies actually do.
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@gmorpurgo
Giulia Morpurgo
9 months
Italian wine makers have already been grappling with a changing climate and changing tastes. A spike in borrowing costs makes their lives even more difficult. With @antoniovanuzzo, we look at the state of the sector .
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@gmorpurgo
Giulia Morpurgo
10 months
RT @business: Secured creditors of Altice such as BlackRock are readying a counterproposal to the company’s plan to reduce its €24.4 billio….
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@gmorpurgo
Giulia Morpurgo
10 months
And why not dabble in levfin too: Goldman Sachs wholly underwrote the bridge financing for Almaviva's latest US acquisition.
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@gmorpurgo
Giulia Morpurgo
10 months
In other news, the support for Intrum's debt restructuring is slowly growing. I see the 2027 bonds up 4 points this morning!.
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@gmorpurgo
Giulia Morpurgo
10 months
Earlier, we had another The Brink issue focused instead on unrestricted subs and their growing popularity amongst European borrowers, which had previously been a bit hesitant. Always keen to look at more aggressive LME-style plays so do reach out to chat!
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@gmorpurgo
Giulia Morpurgo
10 months
Over the weekend, we also had a timely issue of the Brink focused on Thames Water, and how a group of its creditors is looking to move proactively and not sit on the sidelines. With @ronanmartin97 .
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@gmorpurgo
Giulia Morpurgo
10 months
Have been posting a little bit less on here but doing some catching up - Hurtigruten gets some emergency funding from some of its lenders as the company remains in talks over its debt structure.
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@gmorpurgo
Giulia Morpurgo
11 months
RT @ronanmartin97: A group of creditors to Thames Water that hold about £10 billion of the debt will start work on their own proposal to re….
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@gmorpurgo
Giulia Morpurgo
1 year
Stonegate's CDS prices have plunged as investors fear a debt refinancing last week might have rendered them effectively worthless.
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@gmorpurgo
Giulia Morpurgo
1 year
More details of Thames Water debt trading, who sold at and which cost, with @lauralevfinance & @ManySundays
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@gmorpurgo
Giulia Morpurgo
1 year
The maker of the bags 🛍️ of my middle school years is starting debt talks with creditor banks. For all details on the situation, the numbers and the advisers involved read on @TheTerminal. With @antoniovanuzzo
Tweet media one
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@gmorpurgo
Giulia Morpurgo
1 year
Then bag maker Furla entered formal debt restructuring talks, with new advisers and €25 million committed by its owning family. Edits by @neilrchatterjee
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@gmorpurgo
Giulia Morpurgo
1 year
Right so this week has been quite busy on the Italian distressed front. First, @LibbyCherry98 & @ssirletti had an exclusive on the Bauer hotel in Venice and its potential new owner.
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@gmorpurgo
Giulia Morpurgo
1 year
Thames Water's trading activity is heating up. With @lauralevfinance .
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@gmorpurgo
Giulia Morpurgo
1 year
RT @sabahmeddings: Exclusive: Boohoo lenders hire advisers for crucial debt talks as online fashion retailer attempts to thrash out a deal….
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@gmorpurgo
Giulia Morpurgo
1 year
RT @Jess_Shankleman: Thames Water is scrambling to avoid massive fines after its debt was cut to junk by Moody's today. Story with @gmorpur….
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@gmorpurgo
Giulia Morpurgo
1 year
The UK's largest pub operator is nearing a deal with its creditors which will see owner TDR Capital inject around £200 million in the company to slash some debt. An agreement could be reached as early as this week - team effort at @business .
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@gmorpurgo
Giulia Morpurgo
1 year
After several injections in the past 3 years to turn around the company, TDR Capital risks losing control of 🇳🇴🚢Hurtigruten if it doesn't manage to refinance a bond by the end of August. With @irenegperez .
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@gmorpurgo
Giulia Morpurgo
1 year
German landlord Demire says four of its subsidiaries are to file for insolvency after failing to pay back a loan. Via @business .
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