Our broad-based transaction experience extends across a range of situations, industries and enterprise values
Categories
Year
Type
Industry
Announced: January 11, 2021Value: $1.2 billionStatus: ClosedFinancial advisor to Honeywell in connection with the resolution of claims with Garrett Motion Inc. in connection with its court-supervised Chapter 11 proceedings
Announced: January 6, 2021Status: PendingFinancial advisor to R1 RCM on its conversion agreement with Ascension and TowerBrook
Announced: July 1, 2020Value: $25.5 billionStatus: ClosedFinancial advisor and investment banker to the Official Committee of Unsecured Creditors (the “UCC”) which included indenture trustees, trade creditors, contract counterparties, the International Brotherhood of Electrical Workers, Local 1245 and the Pension Benefit Guaranty Corporation in connection with PG&E's chapter 11 Plan of Reorganization
Announced: January 21, 2020Value: $3.0 billionFinancial advisor to an ad hoc group of secured lenders under McDermott’s $2.2bn term loan facility and $800mm funded superpriority term loan facility in connection with McDermott's fully consensual prepackaged chapter 11 restructuring
Announced: June 9, 2020Value: $2.35 billionFinancial advisor to the Ad Hoc group of Term Loan Lenders under Serta Simmons' $1.9 billion First Lien Term Loan and $450 million Second Lien Term Loan
Announced: June 30, 2020Value: $1.6 billionStatus: ClosedFinancial advisor to an ad hoc group of Term Loan lenders under Covia's Term Loan facility in connection with its restructuring support agreement and voluntary petitions for reorganization under Chapter 11
Announced: May 14, 2020Value: $1 billionStatus: PendingFinancial advisor to an ad hoc group of secured creditors in connection with Intelsat's filing of chapter 11 with a debtor-in-possession credit facility
Announced: October 6, 2020Value: $700 millionStatus: ClosedExclusive financial advisor to the an ad hoc group of first lien lenders in connection with UTEX Industries' prepackaged Chapter 11 restructuring plan
Announced: December 15, 2020Status: ClosedExclusive financial advisor to an ad hoc group of McGraw Hill's First Lien Term Loan Lenders on its balance sheet recapitalization and debt maturity extension
Announced: September 2, 2020Status: ClosedExclusive financial advisor and investment banker to J. Jill on its Transaction Support Agreement with over 70% of term loan lenders and a majority of equity shareholders
Announced: July 27, 2020Status: ClosedExclusive financial advisor to Ventas on a series of agreements, including an amended master lease agreement, with Brookdale Senior Living
Announced: May 14, 2020Status: ClosedFinancial advisor to Ultra Petroleum on its entering into a Restructuring Support Agreement and filing for a pre-arranged Chapter 11 Bankruptcy
Announced: November 8, 2019Value: $3.3 billionStatus: ClosedExclusive financial advisor to an ad-hoc group of Acosta's lenders around its conversion of $3 billion of long--term debt into equity, and a commitment of $250 million in new equity
Announced: October 21, 2019Value: $1.7 billionStatus: ClosedFinancial advisor to an ad-hoc lender group of McDermott's term loan on an agreement for up to $1.7 billion of new financing
Announced: July 19, 2019Value: $1.1 billionStatus: ClosedInvestment banker and financial advisor to Blackhawk on its RSA and Chapter 11 filing
Announced: October 25, 2019Value: $1 billionStatus: ClosedExclusive investment banker to One Call on its recapitalization
Announced: November 14, 2019Status: PendingExclusive financial advisor to WCG on its recapitalization with an investor group led by Leonard Green & Partners, in partnership with Arsenal Capital Partners and Novo Holdings
Announced: October 24, 2019Status: CompletedExclusive investment banker in Cloud Peak's chapter 11 restructuring, including the sale of substantially all of Cloud Peak's assets to Navajo Transitional Energy Company, LLC
Announced: April 3, 2019Status: ClosedFinancial advisor to Neovia on its out-of-court recapitalization and refinancing of its balance sheet
Announced: April 2, 2019Status: ClosedExclusive investment banker to Sungard on its restructuring support agreement with a group of lenders and noteholders, and its contemplated Chapter 11 bankruptcy filing
Announced: March 11, 2019Status: ClosedInvestment banker to CTI Foods on its restructuring support agreement with members of an ad hoc group of lenders and voluntary Chapter 11 filing
Announced: October 9, 2018Value: $780 millionStatus: ClosedExclusive investment banker to Westmoreland Coal Company in its chapter 11 restructuring
Announced: December 12, 2018Status: ClosedExclusive financial advisor to Catalina on its Restructuring Support Agreement and voluntary Chapter 11 petition
Announced: December 12, 2018Status: ClosedFinancial advisor to Synergy on its voluntary Chapter 11 process and proposed sale of its business assets to Bausch Health
Announced: October 17, 2018Status: ClosedFinancial advisor to Ultra Petroleum on its exchange agreement with supporting noteholders
Announced: January 22, 2018Status: ClosedFinancial advisor to an ad hoc group of holders of Convertible Notes in connection with Global Brokerage's prepackaged plan of reorganization
Announced: March 7, 2017Value: $6.6 billionStatus: ClosedFinancial advisor to TerraForm Power on its sale of a 51% stake to Brookfield Asset Management, Inc.
Announced: December 18, 2017Value: $6 billionStatus: ClosedExclusive financial advisor to CB&I on its combination with McDermott International
Announced: October 24, 2017Value: $5.7 billionStatus: ClosedExclusive financial advisor and investment banker to Avaya Inc. in its chapter 11 plan of reorganization
Announced: August 3, 2017Value: $820 millionStatus: ClosedExclusive financial advisor to the ad hoc group of second lien noteholders in Vanguard's Chapter 11 filing and emergence
Announced: March 7, 2017Value: $100 millionStatus: ClosedExclusive financial advisor to Avaya on its sale of its networking business to Extreme Networks in a section 363 auction process
Announced: April 21, 2016Value: $12.6 billionStatus: ClosedFinancial advisor to the Special Committees of the Boards of Directors of TerraForm Power and TerraForm Global on various strategic issues related to SunEdison’s chapter 11 restructuring
Announced: April 13, 2016Value: $8.8 billionStatus: ClosedFinancial advisor to the ad hoc committee of first lien lenders in Peabody’s chapter 11 restructuring
Announced: July 30, 2016Value: $4.4 billionStatus: ClosedFinancial advisor to the Special Committee of the Board of Directors of Caesars Entertainment Corporation on the sale of Playtika, the social/mobile gaming business of Caesars Interactive Entertainment, Inc.
Announced: October 4, 2016Value: $4.1 billionStatus: ClosedExclusive financial advisor to the ad hoc committee of holders of SandRidge's second lien notes around SandRidge's chapter 11 reorganization.
Announced: October 21, 2016Value: $1.9 billionStatus: ClosedExclusive financial advisor to the ad hoc committee of cross-over holders of second and third lien notes around Midstates' restructuring and recapitalization and emergence from Chapter 11 bankruptcy
Announced: August 31, 2016Value: $1.6 billionStatus: ClosedFinancial advisor to first lien lender in Molycorp’s chapter 11 restructuring
Announced: May 9, 2016Value: $1.4 billionStatus: ClosedExclusive financial advisor to the ad hoc committee of Magnum Hunter senior unsecured noteholders in connection with Magnum Hunter's pre-arranged restructuring under chapter 11
Announced: September 2, 2016Value: $1.0 billionStatus: ClosedExclusive financial advisor to the ad hoc committee of Atlas Resource Partners' senior unsecured noteholders in connection with Atlas Resource's pre-arranged restructuring under chapter 11
Announced: October 31, 2016Value: $961 millionStatus: ClosedIndependent financial advisor to the special committee of the board of directors of PSG on its "stalking horse" asset purchase agreement with an investor group led by Sagard Capital and Fairfax Financial for $575 million, as well as on a commitment for $386 million in new debtor-in-possession financing
Announced: May 26, 2016Value: $800 millionStatus: ClosedExclusive financial advisor to the ad hoc committee of cross-holders of Aspect's first lien term loan and second lien notes in connection with Aspect's pre-arranged restructuring under chapter 11
Announced: May 26, 2016Value: $525 millionStatus: ClosedExclusive financial advisor to Crowne on the refinancing of its capital structure including the funding of a new $425 million term loan and amendment of its $100 million ABL revolver
Announced: August 1, 2016Value: $400 millionStatus: ClosedExclusive financial advisor to the steering committee of lenders under Seventy Seven's first lien term loan as part of a prepackaged restructuring and recapitalization and emergence from chapter 11 bankruptcy
Announced: October 13, 2016Value: $381 millionStatus: ClosedFinancial advisor to Cloud Peak Energy on its secured credit facility amendment and an exchange of unsecured notes for a combination of new second lien secured notes and cash
Announced: May 21, 2015Value: $1.3 billionStatus: ClosedAdvisor to an ad hoc committee of unsecured noteholders of Midstates Petroleum in connection with concurrent debt financing and exchange transactions
Announced: August 3, 2015Value: $1.1 billionStatus: ClosedExclusive financial advisor to the ad hoc group of UK term loan lenders on global settlement with first priority noteholders to (i) sell UK assets and (ii) complete restructuring $1.1bn of indebtedness
Announced: October 28, 2015Value: $800 millionStatus: ClosedAdvisor to Patriot Coal in its chapter 11 restructuring with approximately $800 million of prepetition financial indebtedness and over $1 billion in non-financial liabilities. The engagement included raising $100 million in debtor-in-possession financing and approximately $250 million in new money funded by existing creditors. The engagement culminated in the completion of two highly structured and inter-related sale transactions: (i) the majority of Patriot’s operating assets to Blackhawk Mining, LLC; and (ii) the remainder of Patriot’s assets and over $400 million in liabilities to Virginia Conservation Legacy Fund, Inc.
Announced: February 20, 2015Value: $495 millionStatus: ClosedExclusive financial advisor to the Official Committee of Unsecured Creditors on the sale of Dendreon to Valeant Pharmaceuticals International pursuant to section 363 of the Bankruptcy Code
Announced: August 6, 2015Status: ClosedExclusive financial advisor to the Special Committee of the Board of Directors of RCS Capital around a series of strategic initiatives
Announced: April 29, 2014Value: $42 billionStatus: ClosedFinancial advisor to the Ad Hoc Committee of EFIH Senior Toggle Noteholders in connection with Energy Future Holdings’ Chapter 11 restructuring with aggregate indebtedness of approximately $42 billion
Announced: March 24, 2014Value: $5.4 billionStatus: ClosedFinancial advisor to the owner-lessors of certain key assets of Edison Mission Energy in its Chapter 11 restructuring, culminating in a sale of substantially all assets to NRG Energy
Announced: March 4, 2014Value: $1.6 billionStatus: ClosedFinancial advisor to the Ad Hoc Committee of second-lien lenders of MACH Gen in connection with its Chapter 11 restructuring with aggregate indebtedness of approximately $1.6 billion
Announced: October 1, 2014Value: $440 millionStatus: ClosedExclusive financial advisor to select existing lenders of Endeavour in connection with its senior secured first lien term loan facility due January 2017
Announced: December 17, 2013Status: ClosedSuccessful confirmation of ResCap’s Plan with nearly unanimous creditor support
Status: ClosedAdvisor to International Airlines Group in its evaluation of strategic alternatives with respect to its interest in AMR Corp.’s chapter 11 restructuring
Announced: May 14, 2012Value: $15.3 billionStatus: ClosedAdvisor to ResCap in its chapter 11 restructuring with $15.3 billion of indebtedness, an engagement which has included raising $1.7bn in debtor-in-possession financing and conducting two concurrent asset sales including: (i) ResCap’s Servicing and Origination Platform for $3.0bn; and (ii) a portfolio of domestic whole loans for $1.5bn
Announced: December 17, 2012Value: $14 billion (Total EV)Status: ClosedExclusive financial advisor to the Special Committee of Clearwire in connection with Sprint’s acquisition of the approximately 50% of Clearwire it did not own
Announced: April 19, 2012Value: $900 millionStatus: ClosedFinancial advisor to the Group Lenders of DS Waters of America in connection with its out-of-court restructuring with aggregate indebtedness of approximately $900 million
Announced: June 28, 2012Value: $770 millionStatus: ClosedAdvisor to second-lien lenders of Culligan International Company in connection with its out-of-court restructuring with aggregate indebtedness of approximately $770 million
Announced: December 19, 2012Status: ClosedAdvisor to THQ in its chapter 11 restructuring, an engagement which has included raising debtor-in-possession financing and acting as exclusive financial advisor to THQ in its §363 sale process