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Normale Ansicht

Arini Gets Bids on Junk Debt From Pimco, Oaktree as Losses Mount

Arini Capital Management, which has been beset with losses this month, has gotten bids on some of its high-yield debt holdings from asset managers including Pacific Investment Management Co. and Oaktree Capital Management, according to people familiar with the matter.

Braskem Creditors Seek Petrobras Capital as Deal Deadline Looms

Braskem’s bondholders continue to press state-controlled oil giant Petrobras to inject fresh capital into the struggling petrochemical producer as time runs short to avoid filing for bankruptcy protection in an election year, according to people familiar with the matter.

Aston Martin Lender Group Led by Arini, BlackRock, Sculptor

Aston Martin creditors led by Arini Capital Management, BlackRock Inc. and Sculptor Capital have joined forces in an effort to stop the distressed British luxury carmaker from pursuing any debt deal they fear could erode their standing.

BlackRock Inc Photographer: Craig Warga/Bloomberg

Brookfield in Fight Over Solar Firm Where Cash ‘Evaporated’

Joh. Berenberg, Gossler & Co. KG and Brookfield Asset Management Ltd. are battling over the future of GoldenPeaks, an energy company staring at collapse after borrowing $1.5 billion for European solar-power projects.

GoldenPeaks’ organizational chart. Entities in boxes in blue are part of the Chapter 11
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