据知情人士透露，Leslie’s公司正在为申请破产做准备；如果破产申请获得批准，债权人可能会接管该公司。这些人士表示，Grey Helm Capital、Axar Capital Management、Cerberus Capital Management和Contrarian Capital Management等债权人正在秘密商讨重组方案。他们指出，这些讨论的核心内容是债权人是否可能在该公司进入《美国破产法》第11章（Chapter 11）程序后接管其业务。
By Reshmi Basu Leslie’s Inc. is laying the groundwork for a bankruptcy filing that could have creditors take control of the pool supplier, according to people familiar with the situation. Grey Helm Capital, Axar Capital Management, Cerberus Capital Management and Contrarian Capital Management are among the creditors that are holding confidential talks to hash out a restructuring plan, said the people, who asked not to be identified discussing a private matter. Conversations are centering around lenders possibly taking over the business after a potential Chapter 11 process, they said.
这家总部位于菲尼克斯的公司近年来在泳池用品行业面临诸多挑战：包括因天气原因导致的生产中断、原材料成本上升，以及消费者在通货膨胀压力下面临的财务困境。
The possible creditor takeover comes as the Phoenix-based company has encountered mounting challenges for the pool industry, including weather-related disruptions, higher input costs and consumers grappling with household finances amid inflationary pressure.
据彭博社此前报道，Leslie’s公司正在与Centerview Partners LLC合作，并由Simpson Thacher & Bartlett律师事务所提供法律咨询；同时，另一组债权人则与Houlihan Lokey和Akin Gump Strauss Hauer & Feld律师事务所合作处理相关事宜。
Leslie’s is working with Centerview Partners LLC and is being advised by Simpson Thacher & Bartlett, while a group of creditors is working with Houlihan Lokey and Akin Gump Strauss Hauer & Feld, Bloomberg previously reported. Read Earlier: Pool Supplier Leslie’s Considers Potential Chapter 11 Bankruptcy Representatives with Centerview, Houlihan and Axar declined to comment, while messages left with Leslie’s, Grey Helm, Cerberus, Contrarian, Simpson and Akin were not returned.
首席执行官Jason McDonell在上个月的财报电话会议上承认了公司面临的挑战，并表示Leslie’s公司一直在“探索推动业务增长的战略选择”。
Read Earlier: Pool Supplier Leslie’s Considers Potential Chapter 11 Bankruptcy Representatives with Centerview, Houlihan and Axar declined to comment, while messages left with Leslie’s, Grey Helm, Cerberus, Contrarian, Simpson and Akin were not returned.
截至7月4日的三个月内，该公司营收为4.585亿美元，同比下降8.4%；其长期债务总额约为7.867亿美元。根据彭博社的数据，该公司2028年到期的7.567亿美元贷款的利率已降至约21美分/美元，而8月4日时该贷款利率仍为约39美分/美元。
Chief Executive Officer Jason McDonell acknowledged the company’s challenges on last month’s earnings call, noting Leslie’s had been “exploring strategic alternatives” to drive growth. The company reported revenue of $458.5 million in the three months that ended July 4, down 8.4% from a year earlier, and listed about $786.7 million of long-term debt. Its $756.7 million term loan due in 2028 is quoted at about 21 cents on the dollar, down from around 39 cents on Aug. 4, according to data compiled by Bloomberg.
莱斯利公司（Leslie’s）一直在推行所谓的“负债管理措施”，旨在减轻自身的债务负担，为后续的重组工作做好准备。在许多根据《破产法第11章》（Chapter 11 of the Bankruptcy Code）进行的破产案件中，债权人通常会试图控制该公司以主导其日常运营。
Leslie’s had been pursuing a so-called liability management exercise as it looked to address its debt load before pivoting to a restructuring. In many chapter 11 cases, lenders will look to take control of the company to steer the operations.
自从破产谈判开始以来，莱斯利公司的股价持续下跌。周五，其股价跌至29美分，而6月29日时股价还高达10.76美元。
Its shares have been steadily falling since bankruptcy talks emerged. Leslie’s stock plunged to 29 cents on Friday, from as high as $10.76 on June 29.