SFX 'considering filing for bankruptcy'

James Hanley

SFX Entertainment is reportedly considering filing for bankruptcy. 

According to Forbes, GoldenTreeAsset Management assigned the troubled EDM promoter’s revolving credit facility to Catalyst Fund Limited Partnership V on December 31. 

In a filing with the Securities and Exchange Commission, SFX has now said that it has hired FTI Consulting as a chief restructuring officer.

SFX CEO Robert FX Sillerman (picturedwithdrew his bid to buy the company and take it private in November.

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.


If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...