Detailed Analysis of Company's Revolver, Objectors' Concerns, and Lack of Information in Disclosure Statement

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This chapter explores the challenges faced by a company regarding its disclosure statement and liquidity, including objections from various parties such as Monoline insurers, the Puerto Rico Fiscal Agency, and the Official Committee of Retirees. It also highlights concerns raised by entities like the Puerto Rico agency about passing enabling legislation and the lack of information for creditors to make informed decisions.

On this week’s podcast the Americas Core Credit by Reorg team discusses highlights from this week as well as a look ahead at the upcoming week, plus this week our podcast features a discussion between Reorg Covenants analysts Julian Bulaon and Richard Barbour on Iconix Brands (https://app.reorg.com/v3#/dashboard/4703), including their recently announced going-private acquisition by Lancer Capital and the change of control implications under their debt docs. If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial