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 FancsalszkyJanuary 3, 2025
US Weekly: Bessent’s Bond Boost
Executive Summary Treasury Markets: Yields plummeted by 22-25 bp across the curve as investors welcomed…
Nora FancsalszkyDecember 6, 2024
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 LawalNovember 22, 2024
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 LawalNovember 22, 2024
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 FancsalszkyNovember 15, 2024
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 LawalNovember 1, 2024
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 LawalOctober 25, 2024
US Insight: The opaque side of BDCs, private credit’s most transparent market
The opacity of the private credit market has bedeviled investors and market observers for some…
Sara LawalOctober 22, 2024
SFR: Drahi Counter-Proposal Edges Closer to Deal
Executive Summary We maintain our Buy recommendation on the lower priced SFRFP '29 SSNs, and…
Nora FancsalszkyOctober 18, 2024