Listen to January's edition of the Middle Market Junction podcast.
This edition focused on the investing climate in the energy sector as bankruptcies continue to mount and oil hovers around $30 per barrel. Discussing market trends are Debtwire Middle Market energy reporter Marion Halftermeyer and Chris Leary, senior vice president of Orion Energy Partners, a credit-focused energy firm.
Later in the podcast, Debtwire court reporter Pat Holohan shares his top two bankruptcy assets on the block where the stalking horse bidders are both company insiders. Commodities giant Glencore is making a bid for its alumina supplier and subsidiarySherwin Alumina, and railroad parts manufacturer Axion International is getting a bid from one of its shareholders and a former board member, Mr. Allen Kronstadt.
Finally, Marion closes the show with a look at the salacious bankruptcy ofPrimera Energy, whose owners were accused of using the companys’ funds to support their lavish lifestyle, including a fleet of luxury vehicles. Now, one of those owners is bidding for Primera through a newly company.
This podcast was recorded on January 29, 2016
Timeline (in minute intervals):
1:25 – 14:00 Chris Leary Interview
14:00 – Sherwin Alumina
19:50 – Axion International
25:30 – Primera Energy
