Rahul Dhapare

Jan 14, 2025 | ionanalytics.com | Taylor Harrison |Paul Gunther |Seth Crystall |Rahul Dhapare

Prospect Medical Holdings, a healthcare services provider that owns several hospitals, has entered bankruptcy protection to pursue selling off its assets, armed with two debtor-in-possession (DIP) financing facilities. Of the two DIP facilities, one is an ABL loan from prepetition lender eCapital Healthcare Corp, which includes both USD 90m in new money and a “creeping” dollar-for-dollar roll-up of prepetition debt.

Oct 10, 2024 | ionanalytics.com | Kennedy Rose |Sara M. Tapinekis |Rahul Dhapare |Seth Crystall

Wheel manufacturer Accuride Corporation filed for Chapter 11 bankruptcy protection yesterday (9 October) backed by USD 103m in debtor-in-possession (DIP) financing. The DIP financing comes from an ad hoc group of the debtors’ first lien term loan lenders, and the ad hoc group and prepetition ABL lenders provided access to cash collateral, according to a declaration of Charles Moore, the debtors’ chief restructuring officer. Accuride has not yet filed a DIP motion or scheduled a first day hearing.

Sep 3, 2024 | ionanalytics.com | Kennedy Rose |Joshua Klein |Rahul Dhapare |Shirley Williams

News (Intelligence) Lumio Holdings, a provider of residential solar solutions, filed for Chapter 11 bankruptcy protection today (3 September) backed by a USD 8m debtor-in-possession (DIP) financing facility and a stalking horse bid from prepetition agent White Oak Global Advisors LLC. The USD 100m stalking horse credit bid for substantially all of the debtors’ assets comes from LHX Home Services LLC, an entity formed by White Oak.

Aug 13, 2024 | ionanalytics.com | Kennedy Rose |Sara M. Tapinekis |Rahul Dhapare |Seth Crystall

News (Intelligence) AIO US Inc, a holding company for Avon’s international operations, filed for Chapter 11 bankruptcy protection yesterday (12 August) backed by a USD 43m debtor-in-possession (DIP) financing facility and a stalking horse bid from prepetition lender Natura &Co Holding SA, as well as a proposed settlement agreement with Natura.

Apr 8, 2024 | ionanalytics.com | Elvis Au-Yeung |Derek Li |Keane Hoo |Rahul Dhapare

DocumentChinese real estate companies account for the vast majority of active bond restructurings in APACAs of today, 40 Asian companies that have issued international public bonds are actively engaged in a debt restructuring process, according to Debtwire‘s Restructuring Database (click here for access).