This chapter reviews the conditional approval of a disclosure statement and a proposed $150 million dip facility for the Bristow debtors, emphasizing recovery rates for various claims. It also outlines the support from key creditors and an agreement between debtors and an equity group ahead of the plan confirmation hearing set for October 3.
The Reorg Americas team takes a look back at the past week and previews what's to come in the week ahead, and our financial and covenant analysts look at allowed addbacks to EBITDA.
If you are not a Reorg subscriber, request access here: go.reorg-research.com/Podcast-Trial