Silver Point Agents $69MM DIP for Transtar

The Wall Street Journal reported that Silver Point Capital is providing auto parts maker Transtar with up to $69.7 million in DIP financing as part of a prepackaged Chapter 11 filing.

KKR’s Samson Resources Files Reorganization Plan

Samson Resources announced that after gaining support for its proposed restructuring plan, it has taken the next step on by filing for Chapter 11 bankruptcy protection.