Recent Distressed News - April 1, 2012
I promised way too many readers a post today related to the MYRIAD of distressed debt news stories that hit the wire this weekend / today. They include:
- PNCL bankruptcy
- Q-Cells filing in Germany
- Sino-Forest bankruptcy (and the comical lawsuit against Muddy Waters)
- News from the Dynegy bankruptcy
- Reddy Ice delaying their 10K
- EK's MOR
- Hawker incremental (L+1200, 2% Floor!) + forbearance
- Revel Entertainment's soft opening
- Delays in Tribune
...and a few others. I will try to do a post on PNCL's bankruptcy (docket here: Pinnacle Docket) as well as giving summary of the above in the next few days. Stay tuned (while I try to stay above water!).
1 comments:
Don't mean to pressure you (ok, maybe a little), but I'm looking forward to reading your post on PNCL filing. In particular, I wonder what the bankruptcy means for the Delta rate reset due in 2013. BTW, congratulations on your 3yr anniversary!
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