Discussion on the amended plan and disclosure statement filed by the intel set debtor with support from Jackson crossover group, including new debt, reorganized equity allocation, and addressing objections from convertible note holders. Also covers Purdue debtors filing a 10th amended plan.
On this week’s podcast the Americas Core Credit team discusses Texas two-step bankruptcies and how the liability management maneuver could be deployed in Johnson & Johnson and Imerys Talc.
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