Second Lien Loans News Today

PREIT, a leading operator of diverse retail and experiential destinations, announced it is taking steps to execute a comprehensive reorganization to strengthen its balance sheet, reduce its total indebtedness by approximately $880 million and extend its maturity runway. The reorganization plan (the "Prepackaged Plan") is supported by 100% of...

Focus on Delivering Exceptional Experiences for Shoppers and Tenants Continues Enters Restructuring Support Agreement with 100% of PREITs First and Second Lien Lenders and Commences Chapter 11...

/PRNewswire/ -- Ascent Resources Utica Holdings, LLC (together with its subsidiaries, "Ascent" or the "Company") today announced two separate transactions....

The following information should be read in conjunction with the financial statements and notes thereto appearing elsewhere in this Form 10-K. References herein to we, us or our refer to Princeton... | March 30, 2023

  Non-investment grade credit had a mixed month with lower quality outperforming the higher quality segments of the markets. Overall, the senior floating rate loan market was flat on the month with private debt and global high yield seeing better returns. CLO debt had a strong start to the year with a meaningful rally in January, but the balance of the quarter was roughly flat, as gains in February were offset by modest weakness in the CLO market in March, largely driven by the rec...