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Zips Car Wash: Exits Bankruptcy In Debt-For-Equity Swap

Summary by BDC Credit Reporter
A car wash company we've written about twice before is exiting bankruptcy in yet another debt-for-equity swap that includes multiple BDC lenders. Now the question is: how much damage have the BDCs absorbed?
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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BDC Credit ReporterBDC Credit Reporter

Zips Car Wash: Exits Bankruptcy In Debt-For-Equity Swap

A car wash company we've written about twice before is exiting bankruptcy in yet another debt-for-equity swap that includes multiple BDC lenders. Now the question is: how much damage have the BDCs absorbed?

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BDC Credit Reporter broke the news in on Tuesday, April 22, 2025.
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