Crossmark restructuring appears more likely: Standard & Poor’s


Crossmark Holdings, Warburg Pincus, S&P, private equity, leveraged loans
The Oresund bridge, connecting Sweden and Denmark via the Oresund Strait. ferrantraite/E+/Getty Images
Looming debt maturities are likely to push Crossmark Holdings Inc, a portfolio company of Warburg Pincus, to restructure sometime in the next year, according to Standard & Poor’s. The Plano, Texas, marketing service company entered into a restructuring support agreement ...

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