{"id":46936,"date":"2023-01-26T11:33:54","date_gmt":"2023-01-26T11:33:54","guid":{"rendered":"http:\/\/www.brandon.ddtest.info\/multisite-test\/instant-pot-maker-lays-foundation-for-controversial-debt-move\/"},"modified":"2023-01-26T11:33:54","modified_gmt":"2023-01-26T11:33:54","slug":"instant-pot-maker-lays-foundation-for-controversial-debt-move","status":"publish","type":"post","link":"http:\/\/www.brandon.ddtest.info\/multisite-test\/instant-pot-maker-lays-foundation-for-controversial-debt-move\/","title":{"rendered":"Instant Pot Maker Lays Foundation for Controversial Debt Move"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Lenders to <bsp.bb.link state=\"{&quot;bbHref&quot;:&quot;bbg:\/\/securities\/218283Z%20US%20Equity&quot;,&quot;_id&quot;:&quot;00000185-eb1c-d8f6-a9f5-fbbe1cbe0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">Instant Brands Holdings<\/bsp.bb.link>, the housewares maker behind the likes of <a href=\"https:\/\/corporate.instantbrands.com\/\">Instant Pot and Pyrex<\/a>, are huddling with lawyers after the company opened the door to a controversial form of financing, according to people familiar with the matter. <\/p>\n<p>Instant Brands in recent days told lenders it started the process of moving a property into a new legal entity, said the people, who asked not to be identified because the matter is private. Such moves often precede divisive debt maneuvers, known in industry parlance as drop-down transactions, which allow companies to raise new money by borrowing against the &#8230;<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiamh0dHBzOi8vbmV3cy5ibG9vbWJlcmdsYXcuY29tL2JhbmtydXB0Y3ktbGF3L2luc3RhbnQtcG90LW1ha2VyLWxheXMtZm91bmRhdGlvbi1mb3ItY29udHJvdmVyc2lhbC1kZWJ0LW1vdmXSAQA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders to Instant Brands Holdings, the housewares maker behind the likes of Instant Pot and Pyrex, are huddling with lawyers after the company opened the door to a controversial form of financing, according to people familiar with the matter. Instant Brands in recent days told lenders it started the process of moving a property into &hellip;<\/p>\n","protected":false},"author":1,"featured_media":46937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[161],"tags":[],"_links":{"self":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/46936"}],"collection":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/comments?post=46936"}],"version-history":[{"count":0,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/46936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media\/46937"}],"wp:attachment":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media?parent=46936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/categories?post=46936"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/tags?post=46936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}