ACALTLD TL B 1L USD

Academy Sports

Credit, Consumer


Academy Sports 7/15 Cov-Lite TLB 01 Jul '22

Publicly traded companies mentioned herein: Dick’s Sporting Goods Inc (DKS)

Highlights

The presenter sees a number of near-term catalysts that make Academy an attractive name in an otherwise challenged retail environment. July 2022 Term Loans currently trade at 73 cents, but the presenter sees a path to the 82 – 83 cent range. This translates to an IRR of 20%, when accounting for the 4% coupon.

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Idea Discussion

Commentor 1 - 2 weeks ago

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