Lycra stretches out for private credit

More and more, the lines are blurring between our private credit and distressed coverage.

In this episode of Cloud 9fin, private credit editor David Brooke mines the reportage of Bianca Boorer, senior distressed debt reporter, and Shubham Saharan, senior private credit reporter.

They talk about the challenge Lycra’s stakeholders face in navigating the company’s balance sheet, and why the company is considering a private credit option, even if it wouldn’t provide it with all the liquidity — or should we say elasticity — it needs to tackle its entire capital stack. 

Do listen in to find out why private credit has the leg(ging) up on the competition!

Follow all of 9fin’s coverage of the Lycra situation here. If you have any feedback for us, send us a note at podcast@9fin.com. Thanks for listening.