-
281 CLOs set to be affected as Avaya files for bankruptcy
7 years ago
The CLO market was hit by its first high-profile default of 2017 yesterday, after Avaya filed for bankruptcy. -
CLOs set to be poisoned as Peabody's canary goes belly up
8 years ago
In this metaphor, the canary is Peabody's 2022 second lien loan. -
Loan holders hit out at Paragon bankruptcy plan
8 years ago
Holders of Paragon Offshore term loans, which are widely held by CLOs, have vehemently opposed the company's bankruptcy plans, according to a report by Debtwire -
Commodities slump claims its latest victim as Noranda is canned
8 years ago
According to CLO-i data, around $210 million of Noranda's 2019 term loan is held in CLOs, with 83 deals holding some exposure to the name. These deals are set to take a hit after Noranda filed for bankruptcy yesterday -
Patriarch steps down from Zohar CLOs ahead of family office conversion
8 years ago
Lynn Tilton's Patriarch Partners has resigned from its role as manager on three Zohar CLOs -
CLO managers get a paper cut as Verso files for chapter 11
8 years ago
A handful of CLOs will take a hit after paper manufacturer Verso filed for bankruptcy yesterday -
US CLOs take yet another hit as Arch Coal goes up in smoke
8 years ago
Several US CLOs have taken a severe hit after embattled coal miner Arch Coal filed for bankruptcy yesterday -
GM's 2009 bankruptcy comes back to trouble TCW CLO
8 years ago
The 2009 restructuring of General Motors could come back to bite investors in a TCW Asset Management CLO after it was named as a defendant in a lawsuit earlier this month -
Coal miner's loans plummet as it digs itself closer to bankruptcy
8 years ago
Energy-heavy CLOs are set for more pain as distressed coal miner Arch Coal edges closer to bankruptcy -
CLO managers escape worst as Walter Energy bondholders get shafted
8 years ago
US CLO managers will largely avoid fallout from the bankruptcy of coal mining firm Walter Energy, according to data from CLO-i -
US loan investors fight new bankruptcy proposals
9 years ago
The US leveraged loan market is preparing itself for another long legislative battle, this time over bankruptcy reforms -
Widely held loan issuer GateHouse Media files for bankruptcy
10 years ago
Media company popular with CLO managers files for chapter 11 to restructure $1.2 billion dollars -
Brazilian central bank drafts bail-in rules, says Bloomberg
10 years ago
Brazil is drafting bank bail-in rules aimed at making bond investors help pay for insolvencies, according to a report on Bloomberg. -
German bank loses out as Elvis fails to appear in Vegas
14 years ago
Court filings show that a German bank is the largest creditor to FX Luxury Las Vegas I, a unit of FX Real Estate and Entertainment -
Dutch court rejects Almatis equity holder's move, reports Dow Jones
14 years ago
The Amesterdam Court of Appeals rejected Dubai International Capital’s petition to give it more time to formulate a refinancing plan for German aluminium producer Almatis -
BNP Paribas leads DIP package for lighting maker
14 years ago
Existing secured lenders led by BNP Paribas have provided $20 million of debtor-in-possession financing to Generation Brands, a lighting manufacturer which filed for a pre-packaged bankruptcy on Friday -
Bankruptcy triggers hard credit event for former IG name
14 years ago
A bankruptcy filing is the latest chapter in a long running credit event saga -
Casino operator files for chapter 11
14 years ago
Casino operator Majestic Star Casino filed for chapter 11 bankruptcy yesterday at the US bankruptcy court for the district of Delaware. -
Hellas's junior creditors make improved bid
14 years ago
Subordinated bondholders of Wind Hellas have proposed an improved debt-for equity offer for the company -
Precision technology manufacturer files for chapter 11
14 years ago
Technology manufacturer GSI Group filed for chapter 11 bankruptcy in the US bankruptcy court for the district of Delaware today. -
Supermarket operator files for chapter 11
14 years ago
Supermarket operator Penn Traffic filed for chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware. -
Wind saga continues with UK administration
14 years ago
Parent company of heavily indebted Greek telecommunications firm Wind Hellas filed to be placed under administration in UK courts on Tuesday. -
Simmons bedmaker files for prepackaged chapter 11
14 years ago
Simmons Bedding filed for a prepackaged chapter 11 at the US bankruptcy court for the district of Delaware yesterday. -
Homebuilder files bankruptcy with $370 million of debt
14 years ago
Michigan-based homebuilder Champion Enterprises filed for chapter 11 bankruptcy on 15 November at the US bankruptcy court for the distrit of Delaware. -
Icelandic biotech firm files for chapter 11 with asset sale
14 years ago
Iceland-based biotechnology company deCODE Genetics filed for chapter 11 bankruptcy at the district of Delaware yesterday.
Want all the latest news, comment, analysis and data?