WSJ: Brookstone Prepares For Bankruptcy Filing
The Wall Street Journal reported Brookstone is preparing to file for bankruptcy protection after missing an interest payment to creditors in January, people familiar with the matter said.
The Wall Street Journal reported Brookstone is preparing to file for bankruptcy protection after missing an interest payment to creditors in January, people familiar with the matter said.
Bloomberg reported Energy Future Holdings is meeting with lenders to discuss DIP loans to fund it through bankruptcy as part of its restructuring.
KKR said it formed Maritime Finance Company, a new specialty finance company created to lend to the maritime industry. The company will be led by former Helios Advisors partners Kristan Bodden and Gabriel Tolchinsky.
Gardner Denver and KKR announced the companies have entered into a merger agreement in a transaction valued at $3.9 billion. Debt financing of $3.4 billion will be provided by a lender group to support the transaction.