CreditSights News & Blog

US Special Situations: Empire Today enters new credit facility News FeatureLevFin Insights

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 News FeatureLevFin Insights

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 LevFin InsightsNews Feature

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 News FeatureLevFin Insights

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 LevFin InsightsNews Feature

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 News FeatureLevFin Insights

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

US Special Situations: Carestream Dental secures eleventh hour direct lending deal to address 2024 1L debt; 2L holders take control of equity LevFin Insights

US Special Situations: Carestream Dental secures eleventh hour direct lending deal to address 2024 1L debt; 2L holders take control of equity

Carestream Dental recently locked in last-minute financing from direct lender General Atlantic Credit to help address its $489mn first-lien…

Sara LawalArticle published date: September 3, 2024

US Special Situations: Lions Gate bondholder files lawsuit over May 2024 debt exchange in NY Supreme Court LevFin Insights

US Special Situations: Lions Gate bondholder files lawsuit over May 2024 debt exchange in NY Supreme Court

Related document: Complaint Lions Gate bondholder CPP Investments has filed a lawsuit in the New York…

Sara LawalArticle published date: August 29, 2024

US Special Situations: Multiplan motion to dismiss in Adventist case tabled; judge sets date to appoint leadership in MDL LevFin Insights

US Special Situations: Multiplan motion to dismiss in Adventist case tabled; judge sets date to appoint leadership in MDL

A ruling on Multiplan’s motion to dismiss in the Adventist Health case, filed in December of last year,  faces further delays…

Sara LawalArticle published date: August 29, 2024

US Insight: M&A/LBO loan volume set to accelerate this autumn as forward calendar hits $39bn LevFin Insights

US Insight: M&A/LBO loan volume set to accelerate this autumn as forward calendar hits $39bn

With M&A/LBO activity accelerating over the past couple of months, the leveraged loan forward calendar…

Siobhan HodsonArticle published date: August 16, 2024