Given the education and advanced nature of our content, most readers are able to expense their premium subscription through their firms (e.g., expense as continuing education, professional development, enrichment). Please find below a template you can copy and paste to request reimbursement / approval.
[Approver], I hope you are doing well. I am writing to request [reimbursement / approval] for my subscription to Pari Passu. Pari Passu is a research service focused on restructuring and other advanced finance topics. The annual subscription costs $399.
A paid subscription will provide me access to the following three resources:
Restructuring transaction analysis: Published weekly, the typical Pari Passu writeup exceeds 5,000 words and includes proprietary sources that are not available anywhere else. Recent editions include , , and
Premium deep dives: A monthly deep dive is written on a must-know but underreported topic. Recent editions cover the 84-day restructuring of Zips Car Wash and the failed HVAC rollup AirPros, these are companies not covered anywhere else.
Archive and training library: A subscription also unlocks access to all historical published work and a portfolio of 13 training resources from top financial and law firms, including case studies, primers, and handbooks
I have diligenced peer publications and believe Pari Passu is distinguished by the following three qualities:
First to the frontier topics: Pari Passu is often the first to cover emerging transactions and concepts, leading the conversation instead of following it. For example, their Triple Dip writeup is the first result on Google, and there are no comparable articles nearly one year later
Institution-grade depth: Their deep dive on the Saks Global Restructuring leads the market in terms of coverage comprehensivity. While other publications spotlight one facet of the situation (e.g., vendor payments, tariffs, one-off payments), Pari Passu is the only source that has provided end-to-end coverage on the company’s financial trajectory, drivers of distress, and new financing transactions
Masterful translation of complexity: Pari Passu bridges technical complexity and real-world relevance. For example, their analysis of the Ardagh-Apollo Deal provides a top-down explanation of hunter-gatherer liability management transactions and anchors this concept with an in-depth case study of its most infamous application in Europe. This type of content is not available anywhere else.
I know a lot of our peers already have premium subscriptions, and I feel very strongly that we should not fall behind. For example, their primer on from 2024 was used as a source in the Apollo vs. Altice lawsuit this past fall.
I appreciate your consideration of my request and look forward to hearing from you.
Best,
[Your Name & Signature]
Restructuring, credit, and distressed debt insights from a hedge fund analyst and former restructuring banker
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