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Prospect News home > News index > List of issuers P > Headlines for Peer Street, Inc. > News item
Published on 6/29/2023 in the Prospect News Distressed Debt Daily.

Peer Street gets interim approval to access cash collateral

By Sarah Lizee

Olympia, Wash., June 29 – Peer Street, Inc. received interim approval to access cash collateral, according to an order filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

Lender Magnetar Financial LLC has consented to the cash collateral use, as previously reported.

A final hearing is scheduled for July 28.

The El Segundo, Calif.-based company filed bankruptcy on June 26 under Chapter 11 case number 23-10815.


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