Oaktree's Aludyne Held Talks With Lenders as Loan Maturity Nears

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By Rachel Butt
Aludyne, an auto-parts maker backed by Oaktree Capital Management, has had discussions with lenders to refinance debt due in November, according to people with knowledge of the situation.
The company has been working with Houlihan Lokey to explore options, said the people, who asked not to be identified because the discussions are private.
A representative at Aludyne didn’t respond to requests for comment. Oaktree and Houlihan declined to comment.
Aludyne had tapped JPMorgan Chase & Co. late last year to help gauge investor interest in tackling its $225 million first-lien loan due in November 2023. The loan is currently …
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