Credit-Market Clashes Are Getting Uglier, Dirtier and More Common
- New wave of corporate angst fueling fresh creditor battles
- KKR-owned Envision gets financial lifeline by shifting assets
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They’ve become infamous in distressed investing circles: names including J. Crew, Serta, Boardriders and TriMark. Now you can add Incora and Envision Healthcare to the ranks.
The list of controversial debt deals that pit creditors against creditors is growing, and market watchers say it’s poised to get even longer.