PE Firms Swap Debt For Equity In Strapped Nutrition Co.
Neways Enterprises Inc., a Utah-based manufacturer of nutritional products that was majority-owned by Golden Gate Capital Management LLC, emerges from an out-of-court restructuring that began last spring.
The company's second-lien lenders – including Z Capital, SAC and Golden Gate – swapped their debt for equity in the company.
The moves reshuffled...
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