Mon 03/20/2023 16:53 PM
Link to Waterfall Analysis on Reorg2022 10-K
Recoveries for SVB Financial Group’s debt and preferred equity will depend on whether the Federal Deposit Insurance Corp. asserts a claim, which could have priority relative to other senior unsecured claims at the HoldCo, against the debtor’s estate for any losses the FDIC could generate as receiver for SVB Financial Group’s former bank subsidiary Silicon Valley Bank. Absent a claim by the FDIC, Reorg estimates bondholders could...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2023 Reorg Research, Inc. All rights reserved.