NYSE:BCSF

Bain Capital Specialty Finance Stock News

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$12.37
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At Close: Jun 18, 2026
Two bondholders want their alternative recapitalisation proposal put to a vote by the 12,000 or so creditors still owed about $6.8 billion by Virgin.

Why Bain set its sights on Virgin

02:00pm, Wednesday, 08'th Jul 2020
Co-managing partner Jonathan Lavine says the US investment giant made its final decision to act during a six-hour Zoom call, with no fewer than 51 of its top people.
One of Virgin Australia's largest bondholders is pushing to unseal the secret details of a deal to sell the bankrupt airline to private equity firm Bain Capital.
Guggenheim Capital LLC raised its holdings in Bain Capital Specialty Finance Inc (NYSE:BCSF) by 21.9% during the first quarter, according to the company in its most recent Form 13F filing with the Sec

Virgin's bondholders seek access to documents

11:59pm, Tuesday, 07'th Jul 2020
Virgin Australia's bondholders have applied for access to confidential Federal Court documents filed during the distressed airline's administration as they continue efforts to disrupt the process.
Deloitte has cast doubt on whether its sale of the airline to Bain is as watertight as originally presented, with court documents revealing the deal is conditional and could still be terminated.
Victorians should be eligible for an additional two months of payments, the state’s chamber of commerce and industry says
German finance watchdog Bafin investigates potential insider trading at Osram
Bondholders call for administrators’ selling process to be declared unacceptable
Virgin, whose administrators from Deloitte entered a sale and implementation deed with US private equity outfit Bain Capital last week, owes 6000 bondholders close to $2 billion.
Virgin Australia new owners Bain Capital are said to be looking to cut the jobs of almost 4,000 people as the airline undergoes a major restructure.
Read more about Soccer-Serie A picks Lazard as adviser to weigh private equity bids - sources on Devdiscourse
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The sale of Virgin Australia to Bain Capital is facing its first legal hurdle.
This was higher than $1.2 billion in fundraising, the ET suggested, quoting sources, earlier in the day.
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