Redwood Capital Management LLC and Silver Point Capital LP will each appoint a director to Klöckner Pentaplast’s board once the packaging firm formerly owned by Strategic Value Partners LLC emerges from bankruptcy.
Redwood Capital Management LLC and Silver Point Capital LP will each appoint a director to Klöckner Pentaplast’s board once the packaging firm formerly owned by Strategic Value Partners LLC emerges from bankruptcy.
Close up of pills in the container Source: Elnur/iStockphoto/Getty Images
Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.
Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.
Anco wiper blades at an auto parts store in Memphis, Tennessee, on Monday, Sept. 29, 2025. First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto-suppliers use of opaque off-balance sheet financing.
Altice International is pushing back against creditor demands for more information about its recent transactions in the first written exchange since the telecom operator moved its Portugal and Dominican Republic businesses beyond lenders’ reach.
Altice International is pushing back against creditor demands for more information about its recent transactions in the first written exchange since the telecom operator moved its Portugal and Dominican Republic businesses beyond lenders’ reach.
A sign at the Altice campus office building in Paris, France, on Tuesday, Aug. 8, 2023. French-Israeli tycoon Patrick Drahi said he sees “no impact whatsoever” on Altice group from a corruption investigation in Portugal focused on key figures connected to his telecommunications empire.
Canacol Energy Ltd. is looking to negotiate a short-term loan from its creditors as it works to restructure its debt before its cash reserves run dry, people familiar with the matter said.
Canacol Energy Ltd. is looking to negotiate a short-term loan from its creditors as it works to restructure its debt before its cash reserves run dry, people familiar with the matter said.
Amara NZero is working with financial adviser Houlihan Lokey Inc., as the Spanish distributor of renewable energy products grapples with pressure on its cash flows, according to people familiar with the matter.
Amara NZero is working with financial adviser Houlihan Lokey Inc., as the Spanish distributor of renewable energy products grapples with pressure on its cash flows, according to people familiar with the matter.
A contractor works on photovoltaic modules on an AES Tiete SA solar farm in Guaimbe, Sao Paulo state, Brazil, on Thursday, April 29, 2021. New wind and solar additions will roar back across Latin America this year, as Brazil and Chile are expected to enjoy strong momentum with the delivery of delayed projects fortifying an already strong pipeline. Photographer: Jonne Roriz/Bloomberg
The largest creditors to Altice France met at Château Lafite Rothschild near Bordeaux on Monday to toast a debt restructuring deal that was one-and-a-half years in the making. Bondholders and lenders in other corners of Patrick Drahi’s telecommunications empire had far less reason to celebrate.
The largest creditors to Altice France met at Château Lafite Rothschild near Bordeaux on Monday to toast a debt restructuring deal that was one-and-a-half years in the making. Bondholders and lenders in other corners of Patrick Drahi’s telecommunications empire had far less reason to celebrate.
A SFR mobile phone and telecom store, operated by Altice France SA, in Paris, France, on Wednesday, Oct. 15, 2025. A consortium of French telecom carriers — Bouygues Telecom, Iliad SA and Orange SA — made a €17 billion offer to buy their rival SFR from billionaire Patrick Drahi’s Altice France.
Altice International’s bonds plunged the most on record on Monday following an announcement on Friday afternoon that the company had shifted some assets out of the reach of creditors, in an aggressive move aimed at stabilizing its finances.
Altice International’s bonds plunged the most on record on Monday following an announcement on Friday afternoon that the company had shifted some assets out of the reach of creditors, in an aggressive move aimed at stabilizing its finances.
Closeup of financial stock chart with downtrend line candlestick graph on blue color screen. Photographer: xxmmxx/iStockphoto
Some of Altice International Sarl’s unsecured creditors have hired Jefferies Financial Group Inc. and Milbank LLP as advisers ahead of debt talks with the company, according to people familiar with the matter.
Some of Altice International Sarl’s unsecured creditors have hired Jefferies Financial Group Inc. and Milbank LLP as advisers ahead of debt talks with the company, according to people familiar with the matter.
The Altice headquarters in Lisbon, Portugal, on Monday, July 24, 2023. Armando Pereira, the co-founder and former chief operating officer of telecommunications group Altice was detained in Portugal as part of a sweeping investigation into alleged corruption. Photographer: Zed Jameson/Bloomberg
For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, client meetings and on conference stages — that creditors were skirting antitrust laws by banding together in so-called cooperation agreements.
For the past two years, some restructuring and finance lawyers have been telling anyone who would listen — at dinners, client meetings and on conference stages — that creditors were skirting antitrust laws by banding together in so-called cooperation agreements.
Anmelden
