Tropicana Mulls Competing Rescue Deals as Orange Juice Sales Lag

(Bloomberg) – Tropicana Brand Group, which collides on the liquidity crisis, discusses competitive offers from new lenders and existing debts and possessors.

Many of Bloomberg read

The TPG loan supply is on the table, said people who asked not to be not mentioned, citing private negotiations.

Partners, which are monitored by some Tropicana lenders controlled by PAI, complain about the faction of the debt offered with the juice producer, which implies new funding and reconstruction of existing liabilities. These creditors work under the contract to negotiate a systematic unit with the company.

Such cooperation agreements have become popular in the markets of alarming, as creditors strive to tear in recent years, as the demand for debt has been destroyed, and their defense has decayed. One result has caused a case of borrowers under stress, using military exercises, which transfer assets from existing creditors to raise new funding.

Representatives of TPG Angelo Gordon, credit and real estate plan, which belong to an alternative asset manager TPG, have refused to comment on possible financing talks. Tropicana, who does not answer, is recommended by PJT Partner Inc., it refused to comment.

Gibson Dan, which advises the creditors’ group, did not answer the comment request.

Tropicana’s debt includes a first loan loan of $ 1.8 billion in 2029.

Revenue threatens threat to threaten the threat to finance himself and the ability to serve those loans, the people say.

Many Read From Bloomberg BusinessWeek

© 2025 Bloomberg LP