Read free research articles from the ²ÝÝ®Á÷Ã¥ÊÓƵ team.
Insights from ²ÝÝ®Á÷Ã¥ÊÓƵ
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
EMEA Special Situations: Intrum pre-pack chapter 11 follows months of talks with dissenting bondholders, who remain opposed to deal; first US court hearing scheduled for November 17 and confirmation hearing December 20
Intrum is pushing through its recap deal with a pre-packaged chapter 11 after months of talks…
Nora FancsalszkyArticle published date: October 18, 2024
US Bankruptcy: Accuride files for chapter 11 with $30mn DIP financing – Press Release
LIVONIA, Mich., Oct. 9, 2024 /PRNewswire/ -- Accuride today announced its intention to restructure its North American…
Nora FancsalszkyArticle published date: October 9, 2024
US Special Situations: ABI Views from the Bench – Conference Takeaways
LFI’s Special Situations team attended ABI’s Views from the Bench conference in Washington DC last Friday, where…
Siobhan HodsonArticle published date: September 30, 2024
US Bankruptcy: Third-party releases watchlist for a post-Purdue world
The Supreme Court’s recent Purdue Pharma decision has significantly impacted how bankruptcy courts address third-party releases in…
Nora FancsalszkyArticle published date: September 27, 2024
US/EMEA Special Situations: Altice France’s shorter-dated debt climbs on reports Altice is in talks with funds about raising new debt
Debt backing Altice France was mixed this afternoon, with its shorter-dated debt climbing and its longer-dated notes…
Nora FancsalszkyArticle published date: September 27, 2024
US Special Situations: Distressed CRE conference takeaways
LFI’s Special Situations team attended last week’s IMN Distressed CRE Forum in New York featuring a range of speakers…
Sara LawalArticle published date: September 23, 2024
US Bankruptcy: Incora bondholders claim tortious interference over 2022 uptier deal; Black Rock, J.P. Morgan respond
Related documents: Bondholder Brief Defendant Brief Incora 2024/2026 minority bondholders have filed a brief in support…
Nora FancsalszkyArticle published date: September 19, 2024
EMEA Special Situations: Negotiations between Altice France and its creditors could put the group back on a stable footing with leverage at or below ~4.5x, says ²ÝÝ®Á÷Ã¥ÊÓƵ
Negotiations between Altice France and its creditors are "a positive thing" that could put the telecoms business…
Nora FancsalszkyArticle published date: September 19, 2024
US Secondary: Medical Properties Trust bonds, equity jump after settlement with Steward
Bonds backing Medical Properties Trust were up this morning after the REIT reached an interim settlement deal…
Nora FancsalszkyArticle published date: September 12, 2024
US Secondary: DISH, Hughes bonds rally on report of DISH lawsuit settlement talks, possible 2024 bond maturity extension
Trading in DISH DBS gained steam this afternoon, with bonds across the capital structure moving higher following…
Sara LawalArticle published date: September 5, 2024
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
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
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
With M&A/LBO activity accelerating over the past couple of months, the leveraged loan forward calendar…
Siobhan HodsonArticle published date: August 16, 2024
EMEA Insights: ‘Freebie baskets’ gain foothold in private credit contracts as sponsors seek further debt flexibility
Europe’s private equity sponsors want private credit lenders to give them greater flexibility to increase…
Siobhan HodsonArticle published date: August 23, 2024
Bayer/Monsanto: Big Win; Potential Circuit Split
Executive Summary On August 15, 2024, the U.S. Court of Appeals for the Third Circuit…
Mary-Jo MachelArticle published date: August 16, 2024
EMEA Press: Altice proposes to buy back debt at 60% to 70% of its value
Faced with 200 Altice creditors that have joined forces to bring pressure to the debt…
Mary-Jo MachelArticle published date: August 16, 2024
US Special Situations: Del Monte launches exchange, new money TL; premium treatment allotted to ad hoc group
Del Monte launched its long-awaited financing deal to its broader group of lenders over the weekend,…
Sara LawalArticle published date: August 5, 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 LawalArticle published date: August 5, 2024
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