At your request, on December 6, 2022, the LSTA determined the DISTRESSED shift date regarding the below-named credit. ▪ Serta Simmons Bedding, LLC, ▪ CREDIT AGREEMENT June 22, 2020, Super Priority Second Out Term Loan The DISTRESSED Shift Date is as follows: September 15, 2022 We hope that this has been helpful. Kind regards...
At your request, on June 16, 2022, the LSTA has determined the DISTRESSED shift date regarding the below-named credit. ▪ Serta Simmons Bedding, LLC ▪ 1st Lien Credit Agreement as of November 8, 2016 The DISTRESSED Shift Date is as follows: June 13, 2022 We hope that this has been helpful. Kind regards...
Over the past few years borrowers have used aggressive and controversial distressed liability management techniques like “dropdown” (J. Crew) or “uptiering” (Serta Simmons) structures. In this webinar lawyers from Davis Polk dive deeply to explain how they work. Presented by Meyer Dworkin, Partner, Davis Polk & Wardwell LLP, Jason Kyrwood, Partner, Davis Polk & Wardwell...
Over the past few years borrowers have used aggressive and controversial distressed liability management techniques like “dropdown” (J. Crew) or “uptiering” (Serta Simmons) structures. In this webinar lawyers from Davis Polk dive deeply to explain how they work. Presented by Meyer Dworkin, Partner, Davis Polk & Wardwell LLP, Jason Kyrwood, Partner, Davis Polk & Wardwell...
