Antitrust Challenges Hit the LME Wave: BI Replay

As credit investors increasingly rely on cooperation agreements to navigate a surge in liability management transactions, these arrangements are facing heightened scrutiny from companies and excluded creditors alike. Join Bloomberg Intelligence analysts Negisa Balluku and Justin Teresi for a discussion of the first legal challenge to creditor cooperation agreements, targeting Selecta’s debt deal under U.S. antitrust laws. The session will also explore how creditor pacts are evolving in distressed debt markets and examine other tools borrowers and sponsors are using to influence creditor votes amid the rise of liability management exercises.