Tennenbaum Capital, Others Provide GSE Environmental DIP Loan
Reuters reported that GSE Environmental filed for Chapter 11 bankruptcy protection. The article said the company received up to $45 million in debtor-in-possession financing.
According to bankruptcy court documents, funds affiliated with Littlejohn & Co., Tennenbaum Capital Partners and Strategic Value Partners served as the DIP lenders.
To read the entire Reuters story, click here.