Financial Restructuring Efforts and Debt Challenges for I-Care Partners and TuU

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter delves into the near-term restructuring strategies of I-Care Partners and TuU as they navigate financial difficulties. I-Care Partners is pursuing a debt exchange to alleviate cash interest burdens and secure new funds, while TuU is addressing potential debt restructuring challenges including going concern warnings and covenant breaches.

We’re taking a brief recess from the primary view interview series this week but will be back next week with our regularly scheduled dose of industry leading discussions on leveraged finance and more. As always, we also bring you our weekly summary of interesting developments in the restructuring world as well as a preview of what’s on tap for this week. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/