Elliott Management

also referred to as: elliott

5 statements across 1 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Aug 16, 2021 by Max Frumes · said 6 times in 1 episodes since 2021 · across every show →

Mentions by year

brought up most by Sujit Indap (2), Max Frumes (2)

tap a year for its mentions
0031612021episodesmentions
0112021episodes it came up in
0030.5612021episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Elliott Management, oldest first

Aug 16, 2021 positive
Assertion Supported
Dave Miller's Caesars instrument made Elliott Management nine figures
“Dave Miller Home run with this incredibly innovative convertible preferred instrument that he just slipped into the RSA and continued to get like re-upped as the Caesars case went on. It probably made Elliott nine figures.”
Max Frumes Aug 16, 2021 ▶ 49:08 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
Aug 16, 2021
Assertion Supported
Elliott secured Caesars bankruptcy date agreement to trigger CDS payout
“And he had been running very tough negotiation with Apollo and struck a very, very tough deal because he knew that Apollo needed an ally really badly. And so he got all sorts of goodies, including a convertible preferred security, as well as one of these well-…”
Max Frumes Aug 16, 2021 ▶ 29:57 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
Aug 16, 2021
Assertion Supported
Apollo aligned with Elliott and GSO to pressure junior creditors
“They go into bankruptcy with this deal with Elliott. They very quickly get a deal with the GSO group, and that is supposed to create all kinds of pressure on the most junior debt holder, which is the Oak Tree Appaloosa second lead bondholders.”
Sujit Indap Aug 16, 2021 ▶ 33:17 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
Aug 16, 2021 positive
Opinion
Elliott and Appaloosa are the two most important distressed debt players
“So if you think about what I think are the two most important players in the distressed debt world, those are, in my view, Elliott and Appaloosa”
Sujit Indap Aug 16, 2021 ▶ 37:37 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
Aug 16, 2021 neutral
Assertion Supported
Long-only debt buyers sold Caesars paper at huge losses to distressed funds
“I mean, there's all these traditional long-only buyers of debt, whether it's loans or bonds, who bought Caesar's paper along the way, starting in 2007 and 2008, and they ultimately sold their paper for huge losses, and they sold it to the likes of Elliott and …”
Sujit Indap Aug 16, 2021 ▶ 51:47 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.