14-03-2025
Lowell Lenders Push to Get Better Terms as Part of Debt Deal
The lenders to British debt collector Lowell are seeking better terms as part of a deal that would see the company extend its maturities and get fresh cash from its bondholders.
The creditors exposed to a revolving credit facility want an improvement to some of the conditions put forward by the company, according to people familiar with the matter, who asked not to be identified because the process is confidential. They include banks, but also funds Alinor Capital and Värde Partners on a sub-participation basis, some of the people said.
