Distributions by private equity firms to limited partners reached record levels last year.
The cupcake retailer will kick off a scheduled Aug. 21 auction with a $6.64 million credit bid from Lemonis Fischer Acquisition.
Crumbs Bake Shop Inc. is set to go to auction on Aug. 21, if competing bids are received by Aug. 19.
Florida hospital needs to complete transaction with Hospital Corp. of America to avoid sour fate, analyst warns.
American Apparel said it was pulling back from the brink of defaulting on its debt, thanks to $25 million in immediate financial support from New York hedge fund Standard General.
The owner of the Hard Rock Hotel & Casino Las Vegas has until June 2 to make up the interest it owes to its lender, but doesn't believe it'll be able to do it.
Affiliates of private equity-backed Energy Future Holdings missed $119.3 million in interest payments due on its debt on Tuesday as the electricity provider works toward a prenegotiated bankruptcy filing.
Private equity-backed Restaurant Holding Co. LLC has launched a refinancing of its $205 million in senior secured debt as the sole Burger King franchisee in Puerto Rico continues to face tight covenants throughout its debt structure.
The cupcake retailer is also explores synergies with ice cream maker as it tries to stem losses.