Acosta Completes Recap and Emerges from Chapter 11

Acosta has successfully completed its financial reorganization and recapitalization and emerged from Chapter 11 less than a month after filing.

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.

Claire’s Files Chapter 11, Citigroup to Provide DIP Financing

According to Reuters, retail chain Claire’s Stores has filed for Chapter 11 in U.S. bankruptcy court in Delaware. Citigroup will provide DIP financing for the company as it goes through restructuring.

Credit Suisse, RBC Provide Financing to Support Dell Software Acquisition

Francisco Partners and Elliott Management will acquire Dell Software Group. Debt financing for the transaction was provided by Credit Suisse and RBC Capital Markets.