TRS surfaces in power industry bankruptcy restructuring

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

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

TRS surfaces in power industry bankruptcy restructuring

A total return swap has emerged in a novel situation: a power industry pre-packaged bankruptcy. Under the TRS, a unit of private equity shop Energy Capital Partners will have voting power in bankrupt power generator MACH Gen after entering a contract with Deutsche Bank, which holds second-lien debt in MACH Gen.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Related articles

Gift this article