RLPC-Matalan's loan, bond refi finances dividend -sources - Reuters

RLPC-Matalan's loan, bond refi finances dividend -sources
Reuters
... leveraged market since July 2009, when Italian telecom Wind Telecomunicazione's high yield bond refinanced its payment in kind (PIK) loan, he said. ...

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Chez Gerard could face pre-pack administration - Telegraph.co.uk

Chez Gerard could face pre-pack administration
Telegraph.co.uk
... Companies House reveal that Paramount faced crippling debts to its private equity backer, Silverfleet Capital, through payment in kind (PIK) loan notes. ...
Chez Gerard backers consider pre-packFinancial Director
Chez Gerard owner faces possible pre-pack administrationDaily News Round-up (press release)

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Tycoons meet to discuss plans for Manchester United takeover - Times Online


Times Online
Tycoons meet to discuss plans for Manchester United takeover
Times Online
Meanwhile, the interest on the payment in kind (PIK) loan the Glazers use to finance the club also continues to mount and the debt will reach more than £700 ...
Knights ready for long siegeHerald.ie

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Triangle Capital Corporation Reports Fourth Quarter and Full Year 2009 Results - MarketWatch (press release)

Triangle Capital Corporation Reports Fourth Quarter and Full Year 2009 Results
MarketWatch (press release)
Total investment income in 2009 consisted of $27.1 million of loan interest, fee, dividend income and PIK interest income and $0.6 million of interest ...

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Loan/CLO disconnect doubles - Structured Credit Investor (subscription)

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