DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. The new...
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April 11, 2024, 07:50 AM
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Public companies in the energy sector had a tough 2016, with solar, coal, and oil and gas producers accounting for nine of the top ten bankruptcies last year -- a new report from the law firm Jones Day finds. According to the firm, all of 2016's ten...
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February 07, 2017, 07:38 AM
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American Apparel, Inc. announced that it has obtained unanimous approval of all voting classes to accept its reorganization plan, a significant step forward that will enable the company to continue implementation of its current turnaround strategy...
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January 12, 2016, 08:06 AM
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Reuters reports that troubled electronics retailer RadioShack Corp, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy.Citing people close to the...
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September 11, 2014, 07:07 AM
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Kevyn Orr, the Emergency Manager for the City of Detroit ("Detroit" or the "City"), today announced that the City has received a commitment for senior secured post-petition financing of up to $350 million from Barclays. The proceeds of the financing...
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October 14, 2013, 08:02 AM
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Solar Senior Capital Ltd. announced that it acquired, pursuant to a definitive agreement, dated September 30, 2013, Gemino Healthcare Finance, LLC (d/b/a Gemino Senior Secured Healthcare Finance) (“Gemino”) from affiliates of EDG Partners, D. E. Shaw...
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October 04, 2013, 08:03 AM
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Hostess announced that the stalking horse bid submitted by McKee Foods Corporation for the Drake's snack cake brand will be the bid presented for approval to the U.S. Bankruptcy Court as no other qualified bids were received for those assets.
McKee...
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March 15, 2013, 07:48 AM
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