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White & Case faces parallel retention challenges in Hughes, DISH over EchoStar ties

News & Analysis

White & Case faces parallel retention challenges in Hughes, DISH over EchoStar ties

Zana Scarlett19 Oct 2026 | US | 13 minute read

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Mobico takeover bid — What a change of control means for the bonds — Analysis

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Mobico takeover bid — What a change of control means for the bonds — Analysis

Mobico senior unsecured bonds have rallied on a 46p-per-share takeover approach, with some holders betting a successful deal would trigger a change of control (CoC) and repay them at par. On the 2028s and 2031s terms the bet looks well founded, because the final terms give holders a put at par. However, the £500m hybrid has no put: here par depends on the buyer choosing to call it.

Mobico bondholders split on whether takeover triggers par put

British transportation firm Mobico is the subject of a potential takeover deal, but uncertainty reigns among its creditors on whether or not this could lead to a bond redemption and a lucrative payout, according to 9fin sources.

Optimum creditors near equitizing deal as Drahi appears to cave

Optimum Communications is nearing a restructuring agreement with its lenders that would hand creditors control of the telecoms provider and could resolve litigation while leaving the controlling shareholder Patrick Drahi with a stake worth far less than the $3bn he had been asking, according to sources.

LevFin feeling French fear, but is it going too far?

“The sick man of Europe” diagnosis pops up frequently these days – just ask the UK, Germany, and Italy. Now the focus is on France. Surging spreads between OATs and European peers underline how investors are repricing French political risk. Both extremes of the political spectrum (Mélenchon versus Le Pen)are loud amid a shrinking centre, given President Emmanuel Macron’s May 2027 exit.

Term time — The financial woes of UK universities

When the University of Nottingham shut down its music and languages department in early October, resulting in more than 500 job losses, it blamed weak enrolment and a “challenging international student recruitment environment”.

777 Partners co-founder pleads guilty in fraud case

Joshua Wander, the founder and former chief executive of 777 Partners, pled guilty to wire and securities fraud on Thursday (15 October).

16 Oct 2026

| US

White & Case faces parallel retention challenges in Hughes, DISH over EchoStar ties

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Mobico takeover bid — What a change of control means for the bonds — Analysis

Mobico bondholders split on whether takeover triggers par put

Optimum creditors near equitizing deal as Drahi appears to cave

LevFin feeling French fear, but is it going too far?

Term time — The financial woes of UK universities

777 Partners co-founder pleads guilty in fraud case