Daily News: May 5, 2014

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.