Restructuring & Reorganization
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Date Value Client Description
Mar 2008 €400mm Nybron Advised the Senior Lenders on Nybron's €400 million restructuring
Jan 2011 €400mm Cinven Advised Cinven on the consensual restructuring of Jost with lenders
Mar 2009 €4.7bn Parex Banka Advised Parex Banka, Latvia’s largest domestic bank, on its restructuring, including a review of strategic options, “Good Bank / Bad Bank” structuring, and securing ongoing financing
Mar 2009 €316mm Bite Advised Bite on the restructuring of €316 million of debt, including a successful pre-negotiated tender offer
Mar 2012 €206bn Hellenic Republic (Greece) Acted as financial advisor to the Steering Committee of the Private Creditor-Investor Committee for Greece (PCIC) on the debt exchange of €206 billion of PSI-eligible bonds, the largest sovereign restructuring in history
May 2010 €2.0bn The Ad Hoc Committee of Corral Petroleum Holdings AB Noteholders Corral is the holding company of Preem, Sweden’s largest oil refining and marketing business. Blackstone advised the ad hoc committee of noteholders on the terms of a restructuring
Dec 2010 €1bn Senior Lenders Steering Committee of Carl Zeiss Vision Holding GmbH Advised the senior lenders steering committee comprising Avoca Capital, Commerzbank, Credit Suisse, Deutsche Bank, Lloyds Banking Group and M&G on the restructuring of Carl Zeiss Vision
Jul 2008 €150mm CFS Fairness opinion provider to the Company and sponsor on their restructuring
Dec 2009 €140mm Schoeller Arca Systems Advising the Steering Committee of Senior Lenders to Schoeller Arca Systems in a restructuring of the company's debt involving a Dutch Court process
Jun 2008 €1.3bn Koninklijke Philips Electronics Advised Klöckner Pentaplast on its discussions with creditors and raising of accounts receivable factoring facilities of up to €100 million
Aug 2010 £250mm DX Group Advised DX on its capital refinancing and management buy-in
Dec 2010 £250mm Alliance Medical Advised Alliance Medical on the completion of its consensual restructuring negotiations with lenders
Oct 2011 $975mm Centaur Inc. Acted as financial adviser to the Company in an in-court restructuring of $975 million of liabilities
Aug 1992 $929mm Phar-Mor Inc. Blackstone acted as financial advisor to the holders of Senior Secured Bank Debt and Senior Secured Notes
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