American Industrial Partners is leading a group of creditors negotiating a deal with Innovative Chemical Products Group to swap their existing debt for equity of the coatings and adhesives maker, according to people familiar with the matter.
American Industrial Partners is leading a group of creditors negotiating a deal with Innovative Chemical Products Group to swap their existing debt for equity of the coatings and adhesives maker, according to people familiar with the matter.
A pedestrian crosses the street in front of 450 Lexington Avenue in New York, where American Industrial partners LP has offices, on Aug. 10, 2017. Photographer: Mary Altaffer/AP Photo
JPMorgan Chase & Co. is in talks with investors to refinance a nearly $1 billion loan at a 15% interest rate for Sable Offshore Corp., a Trump administration-supported oil driller, according to people familiar with the matter.
JPMorgan Chase & Co. is in talks with investors to refinance a nearly $1 billion loan at a 15% interest rate for Sable Offshore Corp., a Trump administration-supported oil driller, according to people familiar with the matter.
Sable Offshore Corp.'s Santa Ynez Unit in Santa Barbara, California, US, on Friday, June 5, 2026. California producer Sable Offshore Corp. expects to restart a platform capable of pumping 10,000 barrels of oil a day some time in the third quarter this year, the company said in an investor presentation Monday.
One of the most bitter feuds in distressed-debt investing, between billionaire Patrick Drahi and some of the world’s biggest money managers, has suddenly gotten even more contentious.
One of the most bitter feuds in distressed-debt investing, between billionaire Patrick Drahi and some of the world’s biggest money managers, has suddenly gotten even more contentious.
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