TITLE

More Hedge Funds Getting into DIP Game

AUTHOR(S)
Hahn, Avital Louria
PUB. DATE
April 2006
SOURCE
Investment Dealers' Digest;4/10/2006, Vol. 72 Issue 14, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increasing number of hedge funds looking to break into the DIP financing arena in the U.S. Since DIP lending is not entirely new to hedge funds, by offering DIP, hedge funds stand to collect high fees on a secured loan at the top of a bankrupt capital structure of the company. At the same time, it maneuvers into position to influence the course of the reorganization.
ACCESSION #
20463871

 

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