This chapter discusses the trend of private equity funds acquiring assets abandoned by major oil companies during the shift to green energy, highlighting the increasing use of high ratio DIP facilities and a specific outlier case. The importance of understanding the circumstances of roll ups in bankruptcy cases is emphasized, along with the tendency of courts to approve dip terms even if they are not entirely satisfied.
On this week's Americas Core Credit podcast our experts discuss Riverbed Technology, Chilean Hydroelectric project Alto Maipo and the healthcare sector as well as replay a recent Reorg webinar discussing middle market DIP financings.