Apollo, Elliott Cut Deal to Support EP Energy Chapter 11 Filing

The Wall Street Journal reported EP Energy filed for Chapter 11 protection by cutting $3.3 billion in debt under a proposed deal with Apollo Global Management and Elliott Management.

MidCap Financial Provides $40MM Facility to Wood Pallet Recycler

MidCap Financial provided a $40 million senior credit facility to a white wood pallet recycler. The facility will support a financial sponsor’s acquisition of the company.