All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

"Typically you don't have so much secured debt above the DIP."

--Jeff Wolinsky, analyst at Standard & Poor's, on the subordination of Calpine's $2 billion debtor-in-possession loan to some of the energy company's pre-petition secured debt.

"Typically you don't have so much secured debt above the DIP."-- Jeff Wolinsky, analyst at Standard & Poor's, on the subordination of Calpine's $2 billion debtor-in-possession loan to some of the energy company's pre-petition secured debt.

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree