GTATQ ~ TPG Lending Arm Offers $100M Bankruptcy Lo
Post# of 144481
Peg Brickley
March 03, 2015
(c) 2015 Dow Jones & Company, Inc.
TPG's specialty lending arm is preparing to back a $100 million loan to help GT Advanced Technologies Inc . get back on its feet after a disastrous stint as a supplier to Apple.
TPG Specialty Lending Inc . was chosen as a bankruptcy lender over a group of bondholders that offered a competing proposal, GT Advanced said in papers filed in the U.S. Bankruptcy Court in New Hampshire....
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