Hertz: Another Instance of Vote Rigging
Hertz: Another Instance of Vote Rigging: Last week, Hertz was in the market with $500…
Mary-Jo MachelDecember 13, 2024
Is Pluralsight the Proverbial “Canary in the Mine” of Liability Management Exercises (“LMEs”) in Private Credit?
The Bottom Line: According to reports in LevFin Insights and the financial press, Vista Equity…
Nora FancsalszkyOctober 30, 2024
US Special Situations: Del Monte launches exchange, new money TL; premium treatment allotted to ad hoc group
Del Monte聽launched its long-awaited financing deal to its broader group of lenders over the weekend,…
Sara LawalAugust 9, 2024
US Weekly: Bull Steepened into a Bearish Market
Executive Summary Treasury Markets: Treasury yields declined materially across the bull steepened curve following dovish…
Sara LawalAugust 9, 2024
US Bankruptcy: Express chapter 11 plan proposes to pay unsecured creditors 10%-15%, secured claims in full
Related documents: Chapter 11 Plan Disclosure Statement Express聽has filed its chapter 11 plan and accompanying…
Sara LawalAugust 2, 2024
US Secondary: WW bonds collapse as Q2 earnings disappoint, outlook for FY 2024 softens
WW International聽(aka Weight Watchers) debt fell yesterday leading into today鈥檚 Q2 2024 earnings report and…
Sara LawalAugust 2, 2024
US Bankruptcy: Red Lobster judge approves disclosure statement; rules on third-party opt-out provision
Related documents: Disclosure Statement 聽 UST Objection Red Lobster聽gained conditional approval from the Middle District…
Siobhan HodsonJuly 26, 2024
US Special Situations: Belk completes deleveraging transaction – Press Release
Press release:聽CHARLOTTE, N.C.--(BUSINESS WIRE)--Belk, Inc. (鈥淏elk鈥� or the 鈥淐ompany鈥�), a privately-owned department store with nearly…
Siobhan HodsonJuly 26, 2024
Monsanto/Bayer: Aspirin Is No Cure for Purdue
Executive Summary We have previously discussed that Monsanto has considered using the Texas Two-Step liability…
Sara LawalJuly 19, 2024
US Bankruptcy: Chicken Soup for the Soul Converts to Chapter 7 Amid Insufficient Funds
Chicken Soup for the Soul聽(CSSE) converted its chapter 11 case to a chapter 7 liquidation…
Siobhan HodsonJuly 12, 2024