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Alicia McElhaney on Muck Rack

Alicia McElhaney

Verified
New York
As seen in: The Wall Street Journal, Medium, MSN, USA Today, Yahoo Finance, Bustle, Flipboard, PS, The Street, Fashionista, RealClear Politics and
distressed debt reporter @wsjbankruptcy | she/her | tips & scoops to alicia.mcelhaney@wsj.com ✨🌙
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Articles

THL-Backed Fortna Begins Restructuring Talks on $1.5 Billion Debt

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By Alicia McElhaney Verified, Samantha Kroontje
| The Wall Street Journal Verified
The supply-chain software provider faces a liquidity crunch and a high interest burden Fortna’s technology helps companies automate and manage warehouses and distribution logistics. Photo: Waldo Swiegers/Bloomberg News Supply-chain software and services provider Fortna has started negotiating with creditors to restructure more than $1.5 billion in debt, according to people with knowledge of the matter.
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Creditors to EchoStar’s Hughes Network Engage Counsel After Affiliate’s Bankruptcy

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By Alicia McElhaney Verified
| The Wall Street Journal Verified
The satellite internet company’s noteholders prepare for a potential restructuring as a $1.5 billion debt maturity looms for the unit of Charlie Ergen’s broadcast empire WSJ Pro EchoStar is parent of Hughes Network Systems and DBS Dish, which filed for bankruptcy last week. Photo: rick wilking/Reuters Creditors to Hughes Network Systems, owned by Charlie Ergen’s EchoStar, have tapped restructuring counsel for advice ahead of a debt maturity, according to people familiar with the matter.
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Brightline Buys Time as Bankruptcy Loan Talks Continue

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By Alicia McElhaney Verified
| The Wall Street Journal Verified
After extending its interest payment deadline and securing a small financing, Brightline secures two more weeks to negotiate with lenders A Brightline train at a station in Fort Lauderdale, Fla., in 2018. Photo: Wilfredo Lee/Associated Press Florida’s Brightline, the nation’s largest private passenger railroad, has bought itself roughly two weeks to continue negotiations with creditors competing to provide potential bankruptcy loans.
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