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September 2023 · US · Pari-Plus · Bankruptcy

A double-dip financing, often discussed with Sabre as a pari plus. Excluded lenders challenged it in the chapter 11 proceedings.

Discussed in Liability Management Exercises: Law and Practice at ¶¶ 2.91, 15.17, 17.15, 17.60, 17.62, 17.68, 17.70.