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The amendment also showed that BofA, the second-largest U.S. lender, is no longer the administrative agent to Remington’s term loan lenders, with newly formed Ankura Trust Co. named as BofA’s successor. Ankura, based in New Hampshire, specializes in distressed and default situations, according to a Jan. 30 statement. It’s led by David Sawyer, a former distressed-debt and hedge-fund investor whose career included stints at Barclays Plc and Silver Point Capital, his company biography shows.
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Source : https://www.bloombergquint.com/markets/2018/03/06/remington-outdoor-postpones-bankruptcy-filing-deadline-by-a-week