Selected Recent Restructuring Transactions

in its out-of-court restructuring

Sep 2020

in a debtor-in-possession financing in connection with the bankruptcy of

Sep 2020

in its debt restructuring and resolution of opioid-related claims and Acthar Gel litigation through a voluntary Chapter 11

Oct 2020

$5.3 billion

in its $395 million equity commitment and $220 million DIP commitment to

Aug 2020

$615 million

Steering Committee of Medium-Term Noteholders in connection with the interim settlement of certain litigation in the chapter 11 proceedings of Hertz Global Holdings Inc.

Jul 2020

$5 billion

in restructuring its master lease with Brookdale to address the financial impact of Covid-19 on 120 senior housing communities

Jul 2020

$235 million

in connection with a series of distressed financing transactions including $229 million registered common equity issuance; $350 million convertible notes issuance, guaranteed by a newly formed intermediate holding company; $1.25 billion intermediate holding company notes issuance; $2.25 billion high-yield notes issuance; $700 million high-yield notes add-on issuance; and tender offer, multiple redemptions, and a series of open market notes purchases

Jan 2015 - Dec 2018

An Ad Hoc Group of First and Second Lien Noteholders in connection with the reorganization of Pyxus International and its $1.5 billion of debt in a pre-packaged Chapter 11 bankruptcy

Jun 2020

$1.5 billion

Certain secured creditors of Hawker Beechcraft in connection with the full equitization of secured claims through a chapter 11 plan

Oct 2012

as clearing bank for

Mar 2013

as debtor in connection with its Spanish restructuring negotiations, English scheme of arrangement and U.S. Chapter 15 proceeding

Sep 2014

$1.6 billion

as a significant creditor and lessor to

Dec 2018