We believe that Ardagh offers an attractive risk/reward setup with upside potential of up to 60%. The potential valuation re-rate could originate from (1) an improvement of the company's capital structure that reduces the risk related toWe focus on special situations and deep value plays. We are open to L/S positioning that allows us to capture inefficiencies both on the upside and downside. For the long positioning, we like to spot asymmetric opportunities where the downside is relatively limited and the u ...

Core Viewpoint - FS Credit Opportunities Corp. (FSCO) announced a 5.1% increase in its monthly distribution rate for June 2025, reflecting strong income generation from select investments and a commitment to delivering value to shareholders [1][2]. Distribution Details - The new monthly distribution rate is set at $0.0678 per share, which is a 59.5% increase compared to the distribution at the time of listing on the New York Stock Exchange in November 2022 [2]. - This marks the fourth increase in the distribution over the last twenty-four months [2]. - The distribution will be paid on or about June 30, 2025, with an ex-date and record date of June 23, 2025 [4]. Financial Performance - The current annualized distribution yield is approximately 10.5% based on the Fund's net asset value (NAV) and 10.7% based on the market price as of May 30, 2025 [2]. - The monthly distribution has been fully covered by the Fund's net investment income throughout 2025 on a tax basis [2]. - The Fund has generated an estimated total return of 7.2% on NAV and 10.8% on market price year-to-date through May 30, 2025 [2]. Fund Overview - FSCO manages approximately $2.2 billion in assets and focuses on event-driven credit, special situations, private capital solutions, and other non-traditional credit opportunities [3]. - FS Investments, the parent company, manages over $82 billion in assets and provides access to a broad suite of alternative asset classes and strategies [7].

Core Points - FS Credit Opportunities Corp. announced a monthly distribution of $0.0645 per share for May 2025, payable on May 30, 2025 [1] - The current annualized distribution yield is 10.7% based on the Fund's net asset value (NAV) and 11.1% based on market price as of April 30, 2025 [2] - The Fund has approximately $2.1 billion in assets under management, focusing on event-driven credit, special situations, and private capital solutions [3] Distribution Details - The distribution schedule includes an ex-date and record date of May 22, 2025, with payment on May 30, 2025 [4] - Monthly distributions are regular cash payments to common shareholders, which may be adjusted based on portfolio and market conditions [4] Fund Performance - The monthly distribution has been fully covered by the Fund's net investment income throughout 2025 [2] - The Fund has generated an estimated total return of 4.5% on NAV and 5.9% on market price year-to-date through April 30, 2025 [2] Company Overview - FS Investments manages over $82 billion in assets and provides access to a variety of alternative asset classes and strategies [7] - The firm employs more than 500 individuals across offices in the U.S., Europe, and Asia, with headquarters in Philadelphia [7]

Core Insights - ACCO Brands Corporation's share price dropped by 20% after the release of its Q4/2024 earnings report, indicating significant market reaction to the financial results [1] - The company's revenues have been on a steady decline since 2021, highlighting ongoing challenges in its financial performance [1] - The macroeconomic environment has been described as soft, which has negatively impacted the company's operations [1] - Tariffs have also been identified as a contributing factor to the company's financial difficulties [1]