The three hedge funds in total hold more than $600 million of term loans related to Blackhawk Mining LLC as of July 15, according to a filing in its bankruptcy case.
The claims break down as follows, per the filing:
- Knighthead Capital Management LLC $84.7m of the first-lien term loan $179.1m of the second-lien Term Loan
- Redwood Capital Management LLC $73m of the first-lien term loan $17.3m of the second-lien term loan
- Solus Alternative Asset Management LP $165.9m of the first-lien term loan $94.7m of the second-lien term loan
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