Retail DIP Financing: Market Trends & Recent Deal Terms

DIP financing is a critical part of the turnaround process for retailers. Jordan Myers provides a detailed
guide to the recent trends as a growing number of retailers seek Chapter 11 protection.

Orchard Supply Case Study… A Lesson in the Creative Use of DIP Financing

The intricacies involved in the Orchard Supply bankruptcy provide guidance to debtors and creditors about the need to balance the competing interest of lenders, purchasers and stakeholders when it comes to debtor-in-possession financing.

Exide Receives Final DIP Approval

Exide Technologies said it has received final bankruptcy court approval of its $500 million debtor-in-possession financing provided by JPM Chase and a group of lenders to whom the DIP financing was syndicated.

Orchard Supply Gets Court OK for Wells Fargo DIP Financing

Orchard Supply Hardware announced the bankruptcy court has given final approval for the company to access $177 million in DIP financing provided by Wells Fargo, the company’s existing ABL lender, and its term loan lenders.

Improved Returns: The Benefits of a 363 Sale for Secured Creditors

By Michael P. Grau and Juanita Schwartzkopf, Focus Management Group The idea of relying on a 363 sale as a means of asset recovery can be a daunting prospect to a secured lender. What if no bidders attend? What if the stalking-horse bid is the only bid? What if the debt is not covered by […]