-Two U.S. firms, Golden Tree and Bain Capital, are the largest secured creditors to Algoma. They also provided US$210 million via a DIP term loan.
-March 7, 2017 6:14 p.m. ET
A group of U.S. creditors is pushing ahead with a proposal to acquire the Canadian steelmaking subsidiary of Essar Global, people familiar with the matter said, following a court ruling terminating the Indian conglomerate’s right to block a takeover.
The secured creditors, which include New York-based hedge fund GoldenTree Asset Management LP and Bain Capital, proposed in September to acquire Essar Steel Algoma Inc.
5 days ago...coincidence?
Allegheny Technologies Incorporated (ATI) Holdings Lifted by Bain Capital Public Equity Management LLC
Posted by Rob Hiaasen on Oct 11th, 2018
Bain Capital Public Equity Management LLC increased its holdings in shares of Allegheny Technologies Incorporated (NYSE:ATI) by 29.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 419,836 shares of the basic materials company’s stock after purchasing an additional 94,376 shares during the period. Bain Capital Public Equity Management LLC owned 0.33% of Allegheny Technologies worth $10,546,000 as of its most recent SEC filing.