CreditSights News & Blog

US/EMEA Special Situations: Altice’s secured creditor group would prefer debt negotiations within a conciliation process to help stave off priming News FeatureLevFin Insights

US/EMEA Special Situations: Altice’s secured creditor group would prefer debt negotiations within a conciliation process to help stave off priming

Altice’s secured creditor group would prefer the struggling telecoms business to enter into a French conciliation process…

Sara LawalArticle published date: October 24, 2024

US Bankruptcy: Tupperware sells company to lenders Stonehill, Alden, BAML, Strategic Investments via credit bid News FeatureLevFin Insights

US Bankruptcy: Tupperware sells company to lenders Stonehill, Alden, BAML, Strategic Investments via credit bid

Related Documents: Sale Order Asset Purchase Agreement Tupperware secured court approval today from Judge Brendan Shannon…

Sara LawalArticle published date: October 29, 2024

US Bankruptcy: Wellpath secured lenders to take control via sale and restructuring — Quick Take LevFin InsightsNews Feature

US Bankruptcy: Wellpath secured lenders to take control via sale and restructuring — Quick Take

Related Documents: Declaration of Timothy Dragelin – CRO RSA Motion to Obtain Post-Petition Financing Motion…

Nora FancsalszkyArticle published date: November 12, 2024

US Special Situations: Spirit Airlines files Chapter 11 in SDNY with $300mn DIP financing from existing bondholders News FeatureLevFin Insights

US Special Situations: Spirit Airlines files Chapter 11 in SDNY with $300mn DIP financing from existing bondholders

DANIA BEACH, Fla., Nov. 18, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE)…

Sara LawalArticle published date: November 18, 2024

US Special Situations: Empire Today enters new credit facility LevFin InsightsNews Feature

US Special Situations: Empire Today enters new credit facility

Empire Today LLC, also known as Empire Carpet® and Empire Flooring® ("Empire" or "the Company"),…

Sara LawalArticle published date: November 19, 2024

US Weekly: Bessent’s Bond Boost CreditSightsResearch

US Weekly: Bessent’s Bond Boost

Executive Summary Treasury Markets: Yields plummeted by 22-25 bp across the curve as investors welcomed…

Nora FancsalszkyArticle published date: December 2, 2024

US Post Petition: Zips Car Wash lines up speedy chapter 11 to implement debt-for-equity swap, wipe out unsecureds LevFin InsightsNews Feature

US Post Petition: Zips Car Wash lines up speedy chapter 11 to implement debt-for-equity swap, wipe out unsecureds

This is a preview of LevFin Insights’ new bankruptcy product, LFI US Post Petition News. To maintain access…

Nora FancsalszkyArticle published date: February 6, 2025

Opus Connect Private Debt Deal Connect and Summit: Optimism for dealmaking circulates ahead of New York Conference News FeatureLevFin Insights

Opus Connect Private Debt Deal Connect and Summit: Optimism for dealmaking circulates ahead of New York Conference

A month into 2025 and there is still plenty of anxiousness surrounding M&A. When will…

Sara LawalArticle published date: February 3, 2025

US/EMEA Special Situations: Walgreens suspends dividends News FeatureLevFin Insights

US/EMEA Special Situations: Walgreens suspends dividends

Walgreens suspended its cash dividends paid on a quarterly basis, according to a company press release.…

Nora FancsalszkyArticle published date: January 30, 2025

US Bankruptcy: The Container Store gets confirmation of plan of reorganization, handing equity to DIP lenders News FeatureLevFin Insights

US Bankruptcy: The Container Store gets confirmation of plan of reorganization, handing equity to DIP lenders

This is a preview of LevFin Insights’ new bankruptcy product, LFI Postpetition News. To maintain access to this…

Nora FancsalszkyArticle published date: January 27, 2025

US/EMEA Special Situations: Negotiations between Altice France and its AHG continue as conclusion nears News FeatureLevFin Insights

US/EMEA Special Situations: Negotiations between Altice France and its AHG continue as conclusion nears

The back and forth of proposals between Altice France and its ad hoc group of secured creditors…

Nora FancsalszkyArticle published date: January 21, 2025

US Special Situations: Litigation against Mitel, Searchlight and lenders thrown out by NY appeals court LevFin InsightsNews Feature

US Special Situations: Litigation against Mitel, Searchlight and lenders thrown out by NY appeals court

Related documents:  Ruling A New York appellate court has issued a ruling throwing out claims…

Nora FancsalszkyArticle published date: January 2, 2025

US Bankruptcy: Ligado Networks blames U.S. government for liquidity woes, seeks $939mn DIP – Quick Takes News FeatureLevFin Insights

US Bankruptcy: Ligado Networks blames U.S. government for liquidity woes, seeks $939mn DIP – Quick Takes

Related Documents: Declaration of Douglas Smith CEO Motion to Approve DIP Ligado Networks' prearranged chapter 11…

Sara LawalArticle published date: January 6, 2025

US Bankruptcy: JOANN files ‘chapter 22’ bankruptcy in Delaware just eight months after exiting first restructuring; Gordon Brothers to lead auction with liquidating bid LevFin InsightsNews Feature

US Bankruptcy: JOANN files ‘chapter 22’ bankruptcy in Delaware just eight months after exiting first restructuring; Gordon Brothers to lead auction with liquidating bid

Related documents:  Petition First day declaration Cash collateral motion Bid procedures motion Eight months after…

Nora FancsalszkyArticle published date: January 15, 2025

US Bankruptcy: Tupperware files chapter 11 plan following Dechert-led group credit bid transaction News FeatureLevFin Insights

US Bankruptcy: Tupperware files chapter 11 plan following Dechert-led group credit bid transaction

Related Documents: Disclosure Statement Chapter 11 Plan Tupperware filed its chapter 11 plan and disclosure statement…

Nora FancsalszkyArticle published date: January 15, 2025

Introducing Covenant Review’s “Deals at a Glance” BlogCompany Announcements

Introducing Covenant Review’s “Deals at a Glance”

Our essential one-page snapshots of key financial insights, provide you with a quick summary of…

Siobhan HodsonArticle published date: February 12, 2024

Introducing CoreScores: Your Comprehensive Credit Quality Compass BlogCompany Announcements

Introducing CoreScores: Your Comprehensive Credit Quality Compass

In our quest to continuously innovate and provide insightful tools for the fixed income market,…

Siobhan HodsonArticle published date: February 14, 2024

CreditSights’ Co-Head Erin Lyons Honored with Excellence in Research Award at Markets Choice 2024 Women in Finance Awards BlogCompany Announcements

CreditSights’ Co-Head Erin Lyons Honored with Excellence in Research Award at Markets Choice 2024 Women in Finance Awards

We are thrilled to announce that Erin Lyons, Co-Head of CreditSights, has been awarded the…

Siobhan HodsonArticle published date: November 22, 2024

Hertz: Another Instance of Vote Rigging Covenant Review

Hertz: Another Instance of Vote Rigging

Hertz: Another Instance of Vote Rigging: Last week, Hertz was in the market with $500…

Mary-Jo MachelArticle published date: December 12, 2024

SFR: Drahi Counter-Proposal Edges Closer to Deal CreditSights

SFR: Drahi Counter-Proposal Edges Closer to Deal

Executive Summary We maintain our Buy recommendation on the lower priced SFRFP '29 SSNs, and…

Nora FancsalszkyArticle published date: October 14, 2024