Credit Syndicate
topic on 1 show · 1 statements across 1 episodes
1 statements about Credit Syndicate, every show
Sycamore acquired Ascena by taking a 15% pre-bankruptcy debt stake
“And we did it last year with a company that we bought called Acena, where we took a position and bought 10 or 15% of the debt. We were part of the credit syndicate that led the company into bankruptcy. We then acquired the company from all the other credit inv…”