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Food for thought: our market-leading coverage of Del Monte

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Case Study

Food for thought: our market-leading coverage of Del Monte

Sanaa Siddiqui's avatar
  1. Sanaa Siddiqui
3 min read

9fin is the AI-powered data and analytics platform that enables finance professionals to analyze a credit, or win a mandate, in one place.

Our US team delivers fast, high-quality coverage across the full distressed debt spectrum — combining exclusive scoops, sharp legal and capital structure analysis, and direct intelligence from key market participants, as demonstrated in this Del Monte case study.

Download this case study as a PDF here.

Key takeaways

  • 9fin flagged Del Monte’s liquidity pressures back in April 2024 and covered the fallout of the company’s controversial liability management exercise
  • We were the first to break news on Del Monte’s plans to file for bankruptcy in June 2025 — a week before the actual filing
  • As the bankruptcy hearings progressed, 9fin gamed out potential litigation remedies tied to the company's LME strategy
  • 9fin consolidated critical intelligence, restructuring databases, and court filings, helping clients make informed decisions faster

About Del Monte

Del Monte Foods is a California-headquartered business known for its canned fruits, vegetables and snacks. It faced significant financial challenges in 2024, and underwent a complex debt restructuring deal in 2025, which prioritized new loans over existing debt and left non-participating lenders in a weaker position.

Despite these measures, Del Monte filed for Chapter 11 bankruptcy in July 2025.

Fastest and first: getting crucial news to our customers

9fin’s distressed team was several steps ahead with Del Monte’s situation, flagging the company’s liquidity pressures back in April 2024.

  • 23 April 2024 | Analysis | Del Monte Foods seeks secured loan to raise liquidity

9fin explored Del Monte’s efforts to boost financial flexibility amid cash and earnings pressures.

  • 24 June 2025 | Exclusive scoop | Del Monte plans bankruptcy after completing LME in 2024

The team were first to land the story on Del Monte’s plans to file for bankruptcy. Bloomberg covered this story three days later.

  • 2 July 2025 | QuickTake | Food producer seeks to sell assets in Chapter 11

9fin compiled the signature day-one analysis, our Bankruptcy QuickTake, to capture Del Monte’s cap structure, DIP terms, milestones and org chart complexity — delivered to clients within hours of filing.

  • 11 July 2025 | Newsletter | The Default Notice — Holdouts take heart

We covered the Del Monte bankruptcy in our weekly restructuring briefing, alongside people moves and a comprehensive roundup of recent distressed news.

  • 11 July 2025 | Analysis | Will a potential preference claim in Del Monte change the course of LME litigation?

We leveraged our legal expertise and market intelligence to decode the Del Monte bankruptcy, and what it meant for preference claims and future LME strategy.

  • 30 July 2025 | Analysis | Del Monte — ‘Earmarking doctrine’ likely precludes considering LME holdout payment a preference

We offered an analysis of the "earmarking doctrine", and how payments Del Monte made to lenders who didn't join its restructuring deal likely cannot be challenged as unfair preferences in bankruptcy.

Staying informed without the time-sink

9fin has been one step ahead since the beginning of Del Monte’s proposed bankruptcy, bringing restructuring advisors, lawyers, and investors the information they need to:

  • Identify and address any lingering questions around settlement
  • Navigate intricate LME structures — and understand how Del Monte’s case impacts future LME situations
  • Track ongoing developments and court filings, thanks to our integrated restructuring tracker and dockets feature
  • Explore recovery for existing investors in a complex restructuring

On top of our coverage, 9fin’s cutting-edge technology connects the dots between these data points and insights, making it easy for clients to keep track of ongoing developments with Del Monte.

Through 9fin, clients have the resources they need to make informed decisions faster.

Join the leading firms already using 9fin — request a free trial here.

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