Madalina Iacob

2 months ago | ionanalytics.com | Ayse Kelce |Madalina Iacob |Ben Miller

Sunnova recently furloughed many employees after issuing a going concern warning in early March, according to public LinkedIn posts by employees and a source familiar. The furlough is expected to last at least through the end of April, according to automatic email replies from the furloughed employees’ email addresses and the source familiar. At least some staff have been told they won’t be paid for the period of the furlough, said the source familiar.

2 months ago | ionanalytics.com | Lavanya Nair |Madalina Iacob |Ben Miller

Existing lenders to Tropicana have offered the company around USD 400m in new financing as discussions regarding a liability management transaction continue, said two sources familiar with the matter. The PAI Partners and PepsiCo-backed maker of orange juice held an in-person meeting with lenders last week to discuss options to bolster liquidity, Debtwire previously reported. Existing lenders and a third party have been competing to provide new financing to address the liquidity crunch.

2 months ago | ionanalytics.com | Lavanya Nair |Madalina Iacob |Ben Miller

Blue Owl Credit and OakTree Capital Management jointly provided a USD 200m loan to Barracuda Networks to help bolster the software company’s liquidity, according to two sources familiar with the situation.

2 months ago | ionanalytics.com | Madalina Iacob |Ben Miller

To mark International Women’s Day, the women of ION Analytics, including reporters and analysts at Debtwire, MergerMarket, Dealreporter, Cybersecurity Law Report, Hedge Fund Law Report, and Anti-Corruption Report have interviewed outstanding women in their respective jurisdictions and fields. It is our honor to highlight these women and their accomplishments and contributions to their industries and share some of their insights and perspectives.

Feb 19, 2025 | ionanalytics.com | Madalina Iacob |Mariana Santibanez |Ben Miller

An ad hoc group of Telefonica del Peru (TdP) bondholders has organized with Moelis as financial advisor amid the initiation of a bankruptcy protection process in Peru, two sources close to the matter said. The bondholders are working with Akin as legal counsel, Debtwire previously reported. The Peruvian telecom has been facing a deteriorating liquidity position impacted by a sizeable tax liability with the Peruvian tax authority SUNAT.