second liens

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 16, 2021 by Max Frumes · across every show →

Everything said about second liens, oldest first

Aug 16, 2021
Assertion Partly supported
Caesars second-lien holders filed involuntary bankruptcy ahead of Apollo
“And at this point, because the second liens have been shunted from the negotiations, they have a plan to file an involuntary bankruptcy, which is very rare. They pushed that two days prior to the bankruptcy that Caesars is filing.”
Max Frumes Aug 16, 2021 ▶ 31:04 Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar's Restructuring (Capital Allocators, EP.209)
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