Patrick Fitzgerald

Reporter @OctusCredit

[Patrick Fitzgerald @PFitzNews]

On Sept. 15, @OctusCredit broke the news that @CubicCorp secured an out of court deal with lenders for $175m in new money, citing sources. Today, we published an exclusive outlining the confidential details of the company’s latest transaction. DM me for a copy.

[Harvard Zhang @harvardzhang]

Garden stuff supplier BFG has filed for chapter 11 in Delaware. @PFitzNews , Geoff and I reported on the bankruptcy preparation earlier this month, citing sources 🪴🪏🌺

[Patrick Fitzgerald @PFitzNews]

Hughes Satellite Systems filed for Ch 11 bankruptcy protection on August 2nd, as expected - @harvardzhang had the scoop for @OctusCredit on July 22nd that the company was preparing to file, citing sources.

[Harvard Zhang @harvardzhang]

EchoStar’s Hughes Satellite moving toward potential chapter 11 filing, @PFitzNews and I reporters last week citing sources $ECHO

[Harvard Zhang @harvardzhang]

RNDC, 2nd largest alcohol distributor in the U.S., filed for chapter 11 this week to complete asset sales and wind down remaining biz. @tsgaurav, @PFitzNews and I reported on the bankruptcy consideration in June, citing sources.

[Harvard Zhang @harvardzhang]

Leslie’s is weighing restructuring options, including a potential chapter 11 bankruptcy, as subdued demand for pool supplies and services pressures liquidity, per sources w/@PFitzNews $LESL

[Patrick Fitzgerald @PFitzNews]

Alkegen announced this morning that it plans to file for a prepack in the coming days - @harvardzhang and I first reported in early June that the Clearlake-backed company was considering a chapter 11 filing, citing sources.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported Affinity Interactive informed investors during a private call that it would be closing its Primm subsidiary, designating it as an unsub and will file Ch 7 for it should lease talks fail, citing sources.

[Montreal Expos @Montreal_Expos]

We have sent a notice to cease & desist to the Milwaukee Brewers.

Having rain fall inside a stadium with a closed retractable roof is the intellectual property of the Montreal Expos.

[Patrick Fitzgerald @PFitzNews]

Last week, @OctusCredit first reported that struggling Latvian flagcarrier @airBaltic hired @SeaburyCapital to explore balance sheet options amid an escalating liquidity crunch, citing sources. The company announced the retention of Seabury today, confirming our reporting.

[Patrick Fitzgerald @PFitzNews]

Publicly-listed @FATBrandsinc filed for Ch. 11 bankruptcy protection tonight in the SDTX - @harvardzhang and I first reported on Jan. 16 that the company was closing in on executing a debt restructuring, potentially through a Ch. 11 filing, citing sources.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported that @UnitedSiteServ and its creditors were back with advisors ahead of a potential Ch. 11 filing, citing sources. The company filed earlier today.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported last Friday that Saks Global is possibly headed towards a Ch. 11 bankruptcy filing, citing sources.

[Harvard Zhang @harvardzhang]

Saks prepares DIP loan ahead of potential chapter 11 bankruptcy, as luxury department store chain faces >$100mm interest payment end of month in the middle of all-important holidays quarter, sources told @PFitzNews, @tsgaurav and me.

[Patrick Fitzgerald @PFitzNews]

Genesis HealthCare filed for Ch. 11 bankruptcy protection last night. We at @OctusCredit first reported that the company was preparing to file on May 19, citing sources.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported privately-held @ABHcosmetics moved certain assets, including IP, away from lenders to potentially raise new financing, citing sources.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit reported that privately-held @PODS secured new money, citing sources.

[Patrick Fitzgerald @PFitzNews]

Ascend filed in the SDTX today, confirming @OctusCredit’s previous reporting.

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported on March 25 that privately-held Ascend Performance Materials is exploring a potential bankruptcy filing, citing sources.

[Patrick Fitzgerald @PFitzNews]

Global Clean Energy filed for Ch. 11 bankruptcy protection on April 16th. We at @OctusCredit first reported that the company was preparing to file on April 1, advised by Kirkland & Ellis, as well as Lazard. #scoop #ch11

[Patrick Fitzgerald @PFitzNews]

We at @OctusCredit first reported on March 25 that privately-held Ascend Performance Materials is exploring a potential bankruptcy filing, citing sources.