Deals
Charterhouse's Bartec Plan Said to Meet Lender Resistance
This article is for subscribers only.
A group of lenders to Charterhouse Capital Partners’ Bartec GmbH are resisting a request to relax debt terms at the oil and gas equipment maker, according to people familiar with the matter.
The group is trying to rally support and plans to hire legal advisers as soon as this week, said the people, who asked not to be identified because the matter is private. Allen & Overy and Kirkland & Ellis are among law firms seeking to win the mandate, they said.