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Liability Management Watchlist Monthly – February 2026: Xerox and AMC Entertainment Transactions Highlight a Busy Month; Electronic Arts and Xerox Creditors Each Form Co-Op
Octus’ Liability Management Monthly for the month of February is now available HERE.
The report highlights developments in liability management exercises, recent cooperation agreements signed and the capital structures of most interest for the month of February. It also details the advisors hired to work with performing companies and their creditors in February, as sourced from Octus’ proprietary Advisors Database.
Featured topics include our coverage of Xerox’s drop-down transaction that utilized a JV structure; AMC Entertainment’s plan to issue new debt at its drop-down entity, Muvico; developments in the Optimum Communications’ cooperation antitrust litigation; and Vibrantz Technologies’ launch of a non-pro-rata liability management exercise.
On Wednesday, March 11, we will be hosting a webinar with Davis Polk on the challenges advisors and investors face in navigating intercreditor issues in post-LME capital structures. To register for the webinar, click HERE.
Octus reported on two new co-op agreements during the month, one of which covered creditors of Electronic Arts and the other, creditors of Xerox.
During February, according to sources, advisors were hired by companies and creditor groups for 12 distinct situations, including Jeld-Wen, Brightline West, Vivid Seats and Xerox, among others. Octus’ proprietary Advisors Database also includes advisors hired for bankrupt credits, although these are excluded from the list below, save for those advisors hired prior to the bankruptcy.
To access the Liability Management Monthly Watchlist, please email [email protected]
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