BofA, Pathlight Allow DIP Overdraw as Pier 1 Pursues Wind‑Down of Business Ops
Pier 1 Imports is seeking bankruptcy court approval for a wind-down of its retail operations. The company’s DIP lenders, including ...
Forward for Specialty Finance
KBRA Releases Q1/20 U.S. Bank Ratings Compendium
Kroll Bond Rating Agency released its U.S. Bank Ratings Compendium, which provides the latest view of the U.S banking sector ...
Stifel Financial Adds Rohan and Urban to Bolster Restructuring Capabilities
Stifel Financial hired two managing directors in its investment banking division. Alex Rohan joined Miller Buckfire, Stifel’s restructuring unit, and ...
TAB Bank Supplies $2.5MM Revolver to Energy Company
TAB Bank will provide a $2.5 million revolving credit facility to an energy company based in West Virginia.
ABI Article Discusses ‘Fourth’ Exit Strategy from Chapter 11
A “fourth” exit strategy of a structured dismissal in Chapter 11 continues to grow as a popular option for companies ...
Mizuho Hires Dolev as Senior Fintech Equity Research Analyst
Mizuho Americas hired Dan Dolev as managing director and senior equity research analyst covering financial technology. Dolev previously worked for ...
J D Factors Delivers $775K in Recent Factoring Facilities
J D Factors provided $775,000 in recent factoring facilities, including a $300,000 factoring facility to a transportation company in Quebec.
Blackstone, Ares, HPS to Provide $435 DIP to Centric Brands
Centric Brands entered into a restructuring support agreement, led by certain funds managed by Blackstone, Ares Management, and HPS Investment ...
JPMorgan Chase Agents Amendment to L&P’s Revolving Credit Facility
According to an 8K, JPMorgan Chase Bank served as administrative agent for an amendment to Leggett & Platt’s existing revolving ...
JCPenney Files Chapter 11, Seeks Approval for $900MM DIP
JCPenney entered into a restructuring support agreement with lenders holding approximately 70% of its first lien debt to reduce the ...