Brigade Capital Management news and trends

Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Retail // December 10, 2023

A group of investors reportedly wants to make department store chain Macy’s a private company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error
Legal // September 16, 2020

Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup was a mistake, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
Legal // September 07, 2020

In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year and the possible motivations for what happened, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form...

Judge Stops $175M Revlon Loan Payment For Citi
Legal // August 18, 2020

Citigroup‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by a judge, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...

Quick Reads
Macy’s Board Ends Acquisition Talks With Arkhouse, Brigade

July 15, 2024
The Macy’s board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private

December 10, 2023
A group of investors reportedly wants to make department store chain Macy’s a private company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error

September 16, 2020
Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup was a mistake, Bloomberg reported....

Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake

September 07, 2020
In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year and the possible motivations for...