Octus

DIP rollups have quietly moved from edge case to standard feature in large chapter 11 cases, and the stakes for creditors keep rising. In our article, “DIP Rollups: The Final Frontier for Creditor-on-Creditor Violence?” Octus looks at: • How rollups now dominate existing lender DIPs and why rollup ratios keep climbing. • The strategic upside for participating lenders. • Where recent cases like American Tire Distributors, Serta, ConvergeOne and Anthology Inc hint at limits on non-pro-rata structures and new litigation risk. 👉 Swipe through the carousel for highlights, then read the full analysis from Josh Neifeld here: https://ow.ly/5BX150XtFPk #OctusIntel #Restructuring #DIPfinancing

The Bankruptcy Boys are back!! The Octus Download returns with Ep 20 Jason Sanjana and Kevin Eckhardt break down the spectacular collapse of Sonder Inc. What started as a promising bridge between Airbnb and hotels ended in Chapter 7 liquidation, leaving guests locked out and highlighting the counterparty risks of third-party booking platforms. Then they turn to Meta's $16 billion problem, the thriving economy of fraudulent ads on its platforms. The episode also covers the wave of coffee chain bankruptcies and a cultural deep dive into Apple TV's "Pluribus," exploring the philosophical questions around collective consciousness versus individual extinction. 🎧 Listen now: 🍎 Apple: https://ow.ly/IBOv50Xut22 🟢 Spotify: https://ow.ly/cS5850Xut1a #OctusDownload #DistressedInsights #CreditMarkets #BusinessTrends

Is sponsor finance really back, or are we just talking ourselves into a recovery? In the latest episode of Industry Insights: Exclusive Interviews, Michael Haley sits down with Tom Amster, Global Head of Financial Sponsor Coverage at Macquarie Group, to unpack what is actually happening behind the scenes in private equity deals today. They cover: • Private credit vs broadly syndicated loans, and why capital is not the issue • Repricings, dividend recaps, and sponsor backed IPOs in current deal activity • 2022 to 2032 as the “decade of differentiation” in fundraising • Continuation vehicles and other liquidity options for sponsors • What could speed up or slow down LBOs, add ons, and exits heading into 2026 If you follow #privateequity, #leveragedfinance, or #sponsorbackedIPOs, this is one to queue up next. 🎧 Listen here: 🍎 Apple: https://ow.ly/ZGr550XtE79 🟢 Spotify: https://ow.ly/COuw50XtE9b #OctusPodcastNetwork

We had a lovely evening in NYC at our second Octus Private Credit Legal Roundtable! We gathered senior partners from leading law firms for candid conversation on where private credit really is today: areas of market stress, secondaries activity, NAV and asset-backed financing, and how the 2021 vintage is holding up as rates, tariffs, and cost structures evolve. Grateful to this community for the candor, curiosity, and time. Until the next one. 😌 🥂 #OctusEvents #PrivateCredit

Earlier this month, the Supreme Court signaled that the administration’s IEEPA tariffs may not hold. A ruling could unlock billions in potential refund claims and open the door to a new market for trading those claims. The refund process is slow, fragmented, and not built for scale, which means importers, investors, and traders could face real timing, operational, and counterparty risk. We break down what a decision could mean for anyone watching the emerging market for tariff refund claims. 👉 Read the full analysis: https://ow.ly/ArhO50Xtgeg #OctusIntel #ClaimsTrading #IEEPA #SpecialSituations

Join us for our upcoming webinar, “Sovereign Eurobond Considerations Ahead of Kyiv’s 2026 Financing Gap.” Featuring insights from: • Alexander Paraschiy, Research Director at Concorde • Lee C. Buchheit, Professor (Hon.) at University of Edinburgh Law School Moderated by Magnus Scherman, Senior Editor at Octus. They’ll share their views on Ukraine’s sovereign Eurobonds, restructuring scenarios, and what this means for investors. 👉 Register here: https://ow.ly/y3ys50XtaYR #OctusEvents #SovereignDebt

Octus is heading to SuperReturn Private Credit North America tomorrow 🎉 We’re proud to have our colleagues on stage: • Dayna Fields, Chief Correspondent, Middle Market – moderating “Mastering the middle market” • Harvard Zhang, Deputy Managing Editor – moderating “The distressed opportunity: From market dislocation to value creation” If you’re attending, be sure to check out their panels, and come say hi! We’d love to connect 😌 🤝

Looking for stability in today’s markets? Start with the asset class that’s been battle-tested for 35+ years. In our latest Industry Insights: Exclusive Interviews episode, Diana Bravo sits down with John P. Kerschner, CFA, Global Head of Securitized Products at Janus Henderson Investors, to unpack the rise of CLO ETFs. John shares: • How CLOs evolved from an institutional-only market to ETF access “for the masses” • Why floating-rate, primarily AAA CLO exposure has resonated with investors • What really happened around recent volatility and “Liberation Day” • How investors are using CLO ETF income in real life, from portfolios to home projects 🎧 Tune in to the full episode 🍎 Apple: https://ow.ly/mMLX50Xrq52 🟢 Spotify: https://ow.ly/YZoe50Xrq5L #OctusPodcastNetwork #CLOs

Ever wish you could walk into a negotiation with the entire market in your pocket? Deal Lens helps teams move faster and push back with confidence: • 🔎 Surface key terms from your documents in seconds • 📊 Benchmark against current market comps and precedents • Identify where you can push, and where you shouldn’t • Share clear, ready-to-send summaries across the team Learn more here 👉 : https://lnkd.in/e_SmBpjS #DealLens

🚄 Brightline Trains, in focus. At Octus, we traced how the only private U.S. intercity rail balanced fast-growing ridership with a complex financing path. We break down Florida operations’ single revenue stream, the capital structure, and key milestones that influenced pricing, liquidity, and recovery views. Swipe through for the milestones, decision tree, and the indicators we tracked along the way. 👉 #Municipals #CapitalMarkets