Eagle management, which itself has retained Moelis Partners as advisors, declined to comment on the creditors’ move through an outside spokesman.
While hiring of advisors is not necessarily a prelude to a bankruptcy filing, it is often an indication that restructuring talks are leaning in that direction, finance sources say.
Eagle’s debt, formerly held by lender Royal Bank of Scotland (RBS), has largely fallen into the hands of hedge funds, including Oaktree Capital and Centerbridge Capital.
This
