Acosta has successfully completed its financial reorganization and recapitalization and emerged from Chapter 11 less than a month after 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.
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.
Francisco Partners and Elliott Management will acquire Dell Software Group. Debt financing for the transaction was provided by Credit Suisse and RBC Capital Markets.