"We are giving a little bit of value to the second-lien holders. But, fundamentally there is only enough value here for the first-lien holders."

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 161 Farringdon Rd, London EC1R 3AL. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions | Cookies

"We are giving a little bit of value to the second-lien holders. But, fundamentally there is only enough value here for the first-lien holders."

Wilbur Ross Chairman of WL Ross & Co. on the agreement to buy WestPoint Stevens out of bankruptcy.

"We are giving a little bit of value to the second-lien holders. But, fundamentally there is only enough value here for the first-lien holders."-- Wilbur Ross Chairman of WL Ross & Co. on the agreement to buy WestPoint Stevens out of bankruptcy.

Related articles

Gift this article