[Editor’s Note: In Debtwire’s inaugural Rights Offering Report, the legal analyst team provides key takeaways from equity rights offerings completed during Chapter 11 cases that filed in the 2016/2017 calendar years.]
Today, the Debtwire legal analyst team published the Rights Offering Report. The report includes key takeaways regarding comparative discounts to plan value, backstop fees, involved parties and investors, and more. The report also takes a deeper dive into some of the more contentious recent rights offerings (Peabody Energy and SunEdison) and looks at the cumulative data across sectors over time.
CLICK HERE for the Rights Offering Report.