This chapter discusses upcoming events and hearings related to various companies, as well as a deep dive into Serta Simmons' super priority exchange. It explores how the company utilized their debt documents to create super priority debt and discusses other companies attempting similar transactions.
This week the Americas Core Credit team looks at the top stories from last week and shares a preview of what's to come in the week ahead. In this episode the team discusses Covenants in relation to the Serta Simmons superpriority uptier exchange and chances that other companies can replicate.