Tue 09/12/2023 15:14 PM
The most recent double-dip transaction in Wheel Pros
features an enhanced first-in, last-out that enjoys a higher priority on term priority collateral than a traditional FILO, along with common components including nonguarantor restricted subsidiaries, an intercompany loan, and a security and guarantee package.
Debt finance and restructuring professionals continue to innovate and structure liability management deals within the limitations of debt documents, incentivizing participation while...
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