Skip to main content
Sean Czarnecki on Muck Rack

Sean Czarnecki

Verified
New York
As seen in: PitchBook, Business Insider, Business Insider Singapore, MSN India, NASA, Yahoo Finance, Campaign (UK), PR Week, Campaign (US), Campaign Asia, With Intelligence and
Senior reporter, distressed debt at PitchBook | Formerly With Intelligence @ThisisInsider @PRWeek @HobbsNewsSun @michigandaily | sean.czarnecki@pitchbook.com

Get in touch with Sean

Contact Sean, search articles and posts on X, monitor coverage, and track replies from one place.

Learn more about Muck Rack

Actions

Share this page

Articles

QVC prepares for Chapter 11

|
By Sean Czarnecki Verified
| PitchBook Verified
QVC Group, fka Qurate Retail, is filing for Chapter 11 in the US Bankruptcy Court for the Southern District of Texas, according to its Form 10-K released on April 15. QVC made the disclosure after its net leverage ratio exceeded 4.5x, resulting in a breach of its credit facility’s financial covenant and allowing those lenders to accelerate and demand repayment of the loans, the 10-K said.
Open in Who Shared Issue with article?

Back in black: YTD US leveraged loan returns turn positive after months in the red Original

|
By Sean Czarnecki Verified
| PitchBook Verified
After languishing in the first quarter, US leveraged loans on April 15 posted their first positive YTD return in months on renewed optimism that the US and Iran can reach a peace deal and reopen the Strait of Hormuz. Loans returned 0.08% on April 15, bringing YTD returns to 0.07%, according to the Morningstar LSTA US Leveraged Loan Index. The weighted average bid of the index rose six basis points, to 94.91. This latest reading pushes YTD loan returns into the black for the first time since Jan.
Open in Who Shared View Duplicates (2) Issue with article?

Airline debt rallies on ceasefire optimism, plunging oil prices Original

|
By Mairin Burns, Sean Czarnecki Verified
| PitchBook Verified
Bonds and loans backing US airlines led a potent debt rally after Iran and the US agreed to a two-week ceasefire, fueling expectations that the Strait of Hormuz will reopen to international shipping. Tanker restrictions in the Middle East have caused a massive shortage of refined products like jet fuel, which accounts for 20-30% of an airline’s total operating expenses.
Open in Who Shared View Duplicates (2) Issue with article?
See all 185 licensed articles (1,434 Total)