Published 15 May 2023
Two months ago, Lucror analyst Sebastian Hofmeister said WOM appears to be in talks with lenders from a prior syndicated credit facility — Santander, BTG and BCI. He also broached the possibility of a cash injection from the shareholders. All three banks declined to comment.
“WOM's focus now is on coming up with a refinancing plan for the 2024 notes, before these move into short-term debt in November,” Hofmeister said at the time, after a company call with investors.
“People who take a closer look realize that the company's earnings outlook remains solid and that they have levers to pull
to address the looming 2024 notes maturity,” Hofmeister said last week.