Last month’s first-of-its-kind US bankruptcy ruling enabled the US toll road operator, American Roads, to complete its pre-pack restructuring agreement. It also made clear the impact of no-action clauses on an insured unitranche
The $24.9 billion leverage buyout of the US IT company by its founder Michael Dell and Silver Lake Management, completed in September following months of negotiations. The deal helped highlight issues relating to ‘empty voting’
Verizon Communications' $49 billion bond issuance was the largest corporate bond sale in history. Here's how it could influence future corporate bond offerings from other well-established companies