Creditors of Blackstone Group-owned physician staffing firm <-bsp-bb-link state="{"bbHref":"bbg://securities/14361Z%20US%20Equity","_id":"00000188-2ffc-d2ff-a9ca-ffffa3c00001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">TeamHealth Inc. are banding together and consulting with restructuring advisers ahead of a looming loan maturity, according to people familiar with the matter.
<-bsp-bb-link state="{"bbHref":"bbg://securities/21429Z%20US%20Equity","_id":"00000188-2ffc-d2ff-a9ca-ffffa3c50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Pacific Investment Management Co. is spearheading a group of holders in the term <-rte-company state="{"_id":"00000188-2ffc-d2ff-a9ca-ffffa3c60000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">loan due 2024 and getting advice from Lazard and <-bsp-bb-link state="{"bbHref":"bbg://securities/1117L%20US%20Equity","_id":"00000188-2ffc-d2ff-a9ca-ffffa3c60002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Akin Gump Strauss Hauer & Feld, said the people, who asked not to be identified because the matter is private. Separately, <-rte-company state="{"_id":"00000188-2ffc-d2ff-a9ca-ffffa3c60003","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Ares Management is leading another group whose holdings are spread throughout the company’s debt stack, said the people.
The company — which staffs emergency rooms ...
