Ascendis Health has been given another week and a half to reach a recapitalisation deal with its lenders. In an update late on Friday afternoon, the pharmaceutical group said its forbearance creditors agreed to extend the forbearance period until the close of business on 11 May. The extension means action won't be taken against it for missing interest payments or defaulting on loans. More to follow in today's newsletter, along with updates from Rhodes Food Group, now called RFG, Impala Platinum and Stenprop, as well as results from Trematon Capital Holdings. In episode 23 of the Magic Markets podcast, European investor and student of the markets @TobyTheInvestor joins The Finance Ghost and Mohammed Nalla from Copenhagen to discuss European markets and the appeal of Nordic markets that are often ignored when people think about global opportunities. Europe can offer attractive risk/return trade-offs, if investors know where to look. Toby gives great practical insights into navigating the region, including an understanding of the numerous Volkswagen listings! Finally, in The Week Ahead, Chris Gilmour looks back on some of the news that shaped the markets last week and what to watch out for in the days ahead. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
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