|
Apr 2010
|
$1.5bn |
Intrawest ULC |
Acted as financial adviser to senior lenders in the negotiations of an out-of-court restructuring and refinancing |
|
May 2011
|
$575mm |
Angiotech Pharmaceuticals Inc. |
Acted as financial adviser to the Company during its CCAA and chapter 15 recapitalization |
|
Dec 2009
|
$2.8bn |
Nortek |
Acted as financial adviser to the Company in a pre-packaged chapter 11 reorganization |
|
Oct 2011
|
$975mm |
Centaur Inc. |
Acted as financial adviser to the Company in an in-court restructuring of $975 million of liabilities |
|
Jan 2012
|
$1.1bn |
Lee Enterprises Inc. |
Acted as financial adviser to the Company in its Chapter 11 restructuring |
|
Apr 2012
|
$625mm |
Los Angeles Dodgers, Inc. |
Acted as financial adviser to the Company in its Chapter 11 restructuring involving a sale of substantially all assets for $2.15 billion |
|
Nov 2009
|
$7.5bn |
SemGroup Corporation |
Acted as financial adviser to the Company in its Chapter 11 restructuring of approximately $7.5 billion of liabilities |
|
Aug 2010
|
$33mm |
Sokolin LLC |
Acted as financial adviser to the Company in its out-of-court restructuring |
|
Jun 2010
|
$685mm |
Hawkeye Renewables, LLC |
Acted as financial adviser to the Company in its pre-packaged chapter 11 restructuring |
|
Jun 2011
|
$1.2bn |
Vitro America |
Acted as financial adviser to the Unsecured Creditors Committee during the Company’s chapter 11 restructuring; substantially all assets were sold through a 363 sale to Sun Capital |
|
Mar 2012
|
$1.6bn |
Mohegan Sun Tribal Gaming Authority |
Acted as financial advisor to the Authority on its recapitalization of $1.6 billion of outstanding debt as well as strategic alternatives |
|
Jan 2012
|
$3.1bn |
Houghton Mifflin Harcourt |
Acted as financial advisor to the Company in its chapter 11 restructuring and advised Company on its raising of $500 million new money credit facility |
|
Nov 2003
|
$6.9bn |
Cable & Wireless America |
Acted as financial advisor to the company in its Chapter 11 restructuring, primarily involving the sale of the company |
|
Dec 2010
|
$8.5bn |
AbitibiBowater Inc. |
Acted as financial advisor to the Company in its cross-border Chapter 11 and CCAA restructuring |
|
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 |
|
Dec 2010
|
$5.8bn |
The Goodyear Tire & Rubber Company |
Acted as on-going financial adviser on assessment of various capital structure, strategic alternatives, including negotiations with unions |
|
Oct 2010
|
$840mm |
M Resort Spa & Casino LLC |
Acted as the financial adviser to Bank of Scotland (Lloyds) in an out-of-court restructuring of approximately $840 million of liabilities |
|
Pending
|
$452mm |
Nebraska Book Co. Inc. |
Acting as financial adviser to J.P. Morgan, a significant creditor in the Company's chapter 11 proceedings |
|
Pending
|
$375mm |
Indiana Downs, LLC |
Acting as financial adviser to the ad hoc committee of second lien lenders in the chapter 11 restructuring of the Company |
|
Pending
|
$4.8bn |
W.R. Grace & Co. |
Acting as financial adviser to the Company in its Chapter 11 restructuring related to its asbestos liabilities |
|
Pending
|
$1.7bn |
Lightsquared |
Acting as financial advisor to an ad hoc group of LP term loan lenders during the Company's chapter 11 restructuring |
|
Pending
|
$750mm |
Eastman Kodak Company |
Acting as financial advisor to second lien noteholders during the Company's chapter 11 restructuring |
|
Oct 2012
|
$2bn |
TerreStar Corporation |
Acting as financial advisor to the Company in its restructuring of approximately $2 billion of liabilities |
|
Jan 2010
|
$200mm |
Simmons Bedding Company |
Advised $200 million of senior subordinated notes on restructuring of the Company's indebtedness |
|
Aug 2010
|
N/A |
Actavis Group Hf |
Advised Actavis on its debt refinancing in collaboration with its lenders |
|
Dec 2010
|
£250mm |
Alliance Medical |
Advised Alliance Medical on the completion of its consensual restructuring negotiations with lenders |
|
Jun 2010
|
$20bn |
Ambac Assurance Corporation |
Advised Ambac Assurance Corporation on restructuring of CDS and other obligations |
|
Mar 2002
|
$3.3bn |
AT&T Canada (for AT&T) |
Advised AT&T during the restructuring of partially owned subsidiary and cross-border service provider AT&T Canada |
|
Mar 2003
|
$600mm |
Axtel |
Advised Axtel on its restructuring of $600 million of debt |
|
Mar 2009
|
€316mm |
Bite |
Advised Bite on the restructuring of €316 million of debt, including a successful pre-negotiated tender offer |
|
Apr 2010
|
$20bn |
Hilton Worldwide |
Advised Blackstone Real Estate Partners on Hilton’s recapitalization |
|
Jul 2009
|
$495mm |
Skeie Drilling & Production |
Advised Bondholders on a $495 million restructuring |
|
Jan 2011
|
€400mm |
Cinven |
Advised Cinven on the consensual restructuring of Jost with lenders |
|
May 2010
|
$790mm |
Bombardier Inc. |
Advised company on extending maturity of and amending the covenants on the $790 million term loan |
|
Mar 2010
|
$800mm |
Natural Products Group LLC |
Advised debtor in restructuring approximately $800 million in liabilities through a pre-packaged bankruptcy |
|
May 2010
|
$500mm |
Aleris International Inc. |
Advised DIP term loan lenders and sponsors for the Plan of Reorganization |
|
Aug 2010
|
£250mm |
DX Group |
Advised DX on its capital refinancing and management buy-in |
|
Jan 2002
|
$30.2bn |
Global Crossing |
Advised Global Crossing during its Chapter 11 proceedings and negotiated the sale of a 61.5% equity interest to Singapore Technologies Telemedia, its more recent recapitalization and debt for equity swap with STT, its sale of its Small Business Group to Matrix Telecom, and its acquisition of IMPSAT Fiber Networks.
|
|
Sep 2010
|
$500mm |
JC Flowers & Co. LLC |
Advised JC Flowers regarding its investment in German bank HSH Nordbank, including expert testimony regarding valuation |
|
Nov 2008
|
N/A |
Klockner Pentaplast |
Advised Klockner Pentaplast on its debt buyback |
|
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 |
|
Jun 2011
|
$187mm |
Marnell Sher Gaming LLC |
Advised Lloyds Bank and Deutsche Bank in the restructuring of casinos |
|
Apr 2009
|
€750mm |
Mauser |
Advised Mauser on structuring and executing a debt buyback transaction |
|
Jun 2009
|
$750mm |
BTA Bank |
Advised Monolines wrapping Notes in a Diversified Payment Rights ("DPR") securitization for Kazakhstan's BTA Bank |
|
Jun 2010
|
CHF 2.5bn |
Oerlikon |
Advised Oerlikon on its restructuring |
|
Nov 2007
|
$3.6bn |
ACA Capital Holdings Inc. |
Advised on the restructuring of $69 billion of swaps and $100 million of MTN's, allowing ACA to safeguard $7.3 billion of public finance policies, avoid a receivership, and eliminate billions of dollars of potential structured finance policy claims |
|
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 |
|
Apr 2010
|
$3.25bn |
LyondellBasell Industries Inc. |
Advised Roll-Up DIP lenders holding $3.25 billion of liabilities in an in-court restructuring |
|
Jun 2010
|
$200mm |
Thomas Nelson Inc. |
Advised secured lenders in an out-of-court restructuring |
|
Sep 2008
|
$85mm |
Madagascar Oil |
Advised Senior Lenders on the renegotiation and repayment of $85 million Senior Facility |
|
Apr 2010
|
$1.1bn |
Six Flags Entertainment Corporation |
Advised senior secured lenders representing approximately $1.1 billion of total debt |
|
Nov 2010
|
$320mm |
Philadelphia Newspapers, LLC |
Advised senior secured lenders representing approximately $320 million of liabilities |
|
Sep 2011
|
$2.7bn |
Corral Petroleum |
Advised the ad hoc committee of noteholders of Corral Petroleum Holdings on a $2.7 billion refinancing |
|
Jan 2010
|
$6.065bn |
R.H. Donnelley Corporation |
Advised the committee of unsecured creditors which holds $6.1 billion of liabilities |
|
Jan 2010
|
$570mm |
Merisant Worldwide Inc. |
Advised the Company in an in-court restructuring of $570 million of liabilities |
|
Sep 2011
|
$4.4bn |
Travelport Limited |
Advised the Company in extending and restructuring its $715 million HoldCo PIK notes, amending its $1,993 million credit facility and extending a portion of its $300 million revolving credit facility |
|
Dec 2008
|
$1.3bn |
Flying J Inc. |
Advised the company in its Chapter 11 filing |
|
Oct 2010
|
$37bn |
International Lease Finance Corporation |
Advised the Company in resolving its asset – liability mismatch and addressing its funding needs including lending amendment and extension of $4.5 billion bank facility and advised on issuance of $8.5 billion of financing |
|
Jan 2007
|
$211mm |
Fedders Corp. |
Advised the Company on its recapitalization |
|
Apr 2009
|
$400mm |
Emmis Communications |
Advised the Company on its tender offer |
|
Apr 2012
|
$4.1bn |
Kerzner International Holdings Limited |
Advised the Company on restructuring of over $4 billion of CMBS and bank debt obligations |
|
Apr 2010
|
$225mm |
Magna Entertainment Corp. |
Advised the official committee of unsecured creditors on alternative restructuring transactions and negotiated a consensual resolution of claims against the company’s parent |
|
Pending
|
$33mm |
Harry & David Holdings, Inc. |
Advised the PBGC in the Company’s chapter 11 restructuring |
|
Jun 2010
|
$1.2bn |
Smurfit-Stone Container Corporation |
Advised the Pension Benefit Guaranty Corporation as a member of the Unsecured Creditors Committee in an in-court restructuring |
|
Nov 2010
|
$560mm |
Twin River (State of Rhode Island) |
Advised the Rhode Island state authorities regarding Twin River’s restructuring of approximately $560 million in senior secured debt |
|
Mar 2008
|
€400mm |
Nybron |
Advised the Senior Lenders on Nybron's €400 million 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 |
|
Jan 2009
|
€800mm |
Thule |
Advised Thule on its €800 million restructuring |
|
Jun 2007
|
A$2bn |
Basis Capital |
Advised to Basis Capital, Australia's largest hedge fund, on its reorganization and negotiations with its creditors |
|
Jul 2011
|
€400mm |
Tus Holdings |
Advised Tus Holdings on its financial restructuring with all 23 lenders with approximately €400 million of liabilities restructured |
|
Pending
|
N/A |
Specialty Products Holding Corp. |
Advising debtor in Chapter 11 filing to resolve asbestos claims |
|
Mar 2012
|
$7.6bn |
Washington Mutual Inc. |
Advising debtor in its Chapter 11 proceeding, including with respect to valuation, sales process and rights offering |
|
Jul 2012
|
$1.77bn |
NewPage Corporation |
Advising the ad hoc committee of approximately $1.8 billion of first lien noteholders in the Company's chapter 11 proceedings |
|
Pending
|
$1bn |
Houston Sports Authority |
Advising the Houston Sports Authority with respect to its outstanding debt |
|
Pending
|
$8.35bn |
Tribune Company |
Advising the senior guaranteed lenders of Tribune who hold approximately $8.35 billion of liabilities during the Company’s Chapter 11 filing |
|
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 |
|
Feb 2012
|
$204mm |
Evergreen Solar Inc. |
Advising the Unsecured Creditors Committee |
|
Pending
|
$3bn |
Hostess Brands |
Advising UCC with respect to Company's chapter 11 restructuring of secured debt and significant pension obligations |
|
Sep 2001
|
$1.4bn |
Excite@Home (for AT&T) |
Assisted AT&T in the evaluation of purchasing the broadband network assets of bankrupt Excite@Home |
|
Dec 2010
|
$33mm |
Sea Research Foundation Inc. |
Assisting the foundation in restructuring its debt |
|
Apr 1997
|
$67mm |
Grossman’s Inc. |
Blackstone acted as a financial advisor to the Company, assisting in the negotiation of a restructuring |
|
Jul 2003
|
$19.4bn |
Mirant Corporation |
Blackstone acted as advisor to Mirant in its Chapter 11 restructuring |
|
Nov 2007
|
$250mm |
Taro Pharmaceuticals Industries Ltd. |
Blackstone acted as advisor to Taro in considering strategic alternatives to resolve a liquidity crisis that resulted from a legacy of poor financial controls and a convoluted capital structure |
|
Feb 1991
|
$1.2bn |
Hills Department Stores Inc. |
Blackstone acted as financial advisor during the company’s Chapter 11 proceedings and helped negotiate a consensual Plan of Reorganization |
|
May 1999
|
$184mm |
Loehmann’s Inc. |
Blackstone acted as financial advisor for the debtor during its Chapter 11 proceedings |
|
Jun 1999
|
$2.3bn |
Harnischfeger Industries Inc. |
Blackstone acted as financial advisor in Harnischfeger Industries’ Chapter 11 proceedings |
|
Oct 1991
|
$900mm |
Carson Pirie Scott & Co. |
Blackstone acted as financial advisor to a secured creditor in connection with a fraudulent conveyance dispute during Chapter 11 |
|
Oct 2006
|
$400mm |
Dura Automotive Systems Inc. |
Blackstone acted as financial advisor to an ad hoc committee of senior lenders during Dura's Chapter 11 proceedings |
|
Apr 2005
|
$815mm |
Meridian Automotive Systems |
Blackstone acted as financial advisor to an ad hoc committee of senior lenders during Meridian’s Chapter 11 proceedings |
|
Feb 1998
|
$754mm |
APS Holding Corporation |
Blackstone acted as financial advisor to APS Holding Corporation in its restructuring in Chapter 11, including advice with respect to asset sales |
|
Jan 1996
|
$300mm |
Barney's Inc. |
Blackstone acted as financial advisor to Barney's, assisting in the development of its business plan and in the negotiation of a restructuring |
|
Jun 2003
|
$610mm |
Crown Pacific Partners |
Blackstone acted as financial advisor to Crown Pacific in its Chapter 11 restructuring, including a stand-alone reorganization of its core business and the sale of over $150 million in assets |
|
Apr 2002
|
$2.5bn |
Exide Technologies |
Blackstone acted as financial advisor to Exide Technologies in its reorganization and emergence from Chapter 11 |
|
Jan 2009
|
$35.0bn |
Ford Motor Company |
Blackstone acted as financial advisor to Ford in its efforts to negotiate, structure and fund a Voluntary Employees’ Beneficiary Association (VEBA) trust to eliminate approximately $24 billion of liabilities related to current and future post-employment healthcare (OPEB) benefits for the United Autoworkers (UAW) union |
|
May 1997
|
$1.3bn |
Harvard Industries Inc. |
Blackstone acted as financial advisor to Harvard Industries in its restructuring and, subsequently, on its $240 million acquisition of Doehler-Jarvis |
|
Aug 2002
|
$231mm |
Horsehead Industries Inc. |
Blackstone acted as financial advisor to Horsehead Industries’ Chapter 11 proceedings and assisted the Company in the Section 363 sale of substantially all of its assets |
|
Dec 2006
|
$625mm |
Transeastern Homes |
Blackstone acted as financial advisor to mezzanine lenders of Transeastern Homes, Inc. |
|
Jan 2007
|
$1.0bn |
The Pacific Lumber Company |
Blackstone acted as financial advisor to Palco in its Chapter 11 restructuring |
|
Jun 2000
|
$591mm |
Safelite Glass Corp. |
Blackstone acted as financial advisor to Safelite Glass Corp. in its restructuring and emergence from Chapter 11 |
|
Jan 1997
|
$477mm |
Camelot Music Inc. |
Blackstone acted as financial advisor to the Committee of Unsecured Creditors and as joint M&A advisor to the Company and the Creditors Committee regarding the sale of the business |
|
Aug 1995
|
N/A |
Aeromexico / Mexicana Airlines |
Blackstone acted as financial advisor to the Company and developed a business plan around its merger with Mexicana Airlines. Additionally, Blackstone advised the company on a balance sheet recapitalization to optimize the company’s capital structure |
|
Jan 1992
|
$5.3bn |
R.H. Macy & Co. Inc. |
Blackstone acted as financial advisor to the company during its Chapter 11 proceedings, assisting in the development of a business plan and in negotiations with Federated Department Stores |
|
Apr 2002
|
$15.0bn |
Flag Telecom Holdings Ltd. |
Blackstone acted as financial advisor to the company during its Chapter 11 proceedings, assisting in the development of a business plan and in the negotiation of a restructuring |
|
May 2004
|
$3.7bn |
RCN Corporation |
Blackstone acted as financial advisor to the company during its Chapter 11 reorganization proceedings |
|
Nov 2000
|
$17.4bn |
Big V Supermarkets Inc. |
Blackstone acted as financial advisor to the Company during its Chapter 11 restructuring |
|
Feb 2000
|
$1.8bn |
The Babcock & Wilcox Company |
Blackstone acted as financial advisor to the company in its asbestos-related Chapter 11 proceeding and assisted in the negotiation of the plan of reorganization |
|
Nov 2001
|
$1.8bn |
Chiquita Brands International Inc. |
Blackstone acted as financial advisor to the Company in its pre-packaged Chapter 11 filing |
|
Mar 1999
|
$1.7bn |
The Penn Traffic Company |
Blackstone acted as financial advisor to the company, assisting in the development of a business plan and in the negotiation of a restructuring |
|
Oct 2002
|
$216mm |
Mattress Discounters Corp. |
Blackstone acted as financial advisor to the company, assisting in the development of a business plan and in the negotiation of a restructuring |
|
Sep 1995
|
$883mm |
The Caldor Corporation |
Blackstone acted as financial advisor to the Company, assisting in the development of a business plan and the negotiation of a restructuring |
|
Sep 1996
|
$123mm |
County Seat Inc. |
Blackstone acted as financial advisor to the company, assisting in the negotiation of a restructuring with various constituencies |
|
Feb 1994
|
$400mm |
Evergreen International Aviation |
Blackstone acted as financial advisor to the Evergreen Senior Holding Company Noteholders during restructuring discussions |
|
Aug 1992
|
$929mm |
Phar-Mor Inc. |
Blackstone acted as financial advisor to the holders of Senior Secured Bank Debt and Senior Secured Notes |
|
Nov 1988
|
N/A |
Federated Department Stores |
Blackstone acted as financial advisor to the Official Committee of Bondholders, developing a viable restructuring plan that maximized recoveries to the Bondholders |
|
Mar 1999
|
$295mm |
Edison Brothers Stores Inc. |
Blackstone acted as financial advisor to the Official Committee of Unsecured Creditors, assisting in the development of the Plan of Reorganization |
|
Apr 2000
|
$157mm |
Medical Resources Inc. |
Blackstone acted as financial advisor to the Senior Noteholders, facilitating a restructuring of $78 million of debt |
|
Oct 2000
|
$70mm |
Weiner’s Stores Inc. |
Blackstone acted as financial advisor to the unsecured creditors |
|
Jun 1991
|
$1.3bn |
America West Airlines Inc. |
Blackstone acted as financial advisor to the unsecured creditors in the Chapter 11 restructuring and negotiated a restructuring with Texas Pacific Group–led investor group |
|
Sep 1999
|
$1.4bn |
Vencor Inc. |
Blackstone acted as financial advisor to Vencor during the Company's Chapter 11 proceedings |
|
Dec 2000
|
$5.1bn |
Montgomery Ward Holding Corp. (for General Electric) |
Blackstone acted as financial advisor, pre- and post-petition, to GE Capital in the company’s first Chapter 11 filing |
|
Jan 2008
|
N/A |
BluePoint Re |
Blackstone advised BluePoint Re, a financial guarantee reinsurer, regarding the restructuring of its risk portfolio |
|
Nov 2007
|
$4.0bn |
C-BASS |
Blackstone advised C-BASS on sale of Litton Loan Servicing LP subsidiary and successfully restructured approximately $4 billion of liabilities, all within two months of retention |
|
May 2000
|
$1.8bn |
Conti Financial Corp. |
Blackstone advised Conti Financial Corp. on the sale of its Servicing Business and the restructuring of $1.8 billion of debt |
|
Aug 2002
|
$1.8bn |
Dade Behring Inc. |
Blackstone advised Dade Behring Inc. in the restructuring of approximately $1.6 billion of liabilities through a pre-packaged Chapter 11 |
|
Sep 2005
|
$21.8bn |
Delta |
Blackstone advised Delta in its successful reorganization under Chapter 11, restructuring over $9 billion of net debt and lease obligations |
|
Apr 1996
|
$753mm |
G. Heileman Brewing Co. |
Blackstone advised G. Heileman Brewing Co. on the restructuring of $365 million of debt involving sale of the company |
|
Dec 2000
|
$4.7bn |
The LTV Corporation |
Blackstone advised in the development of a viable restructuring plan, including negotiating a settlement of a $3 billion pension obligation and the sale of certain steel mills to International Steel Group |
|
Oct 2005
|
$430mm |
Levitz Furniture Inc. |
Blackstone advised Levitz during its 2006 Chapter 11 proceedings, developing a long-term business plan, arranging DIP financing, identifying potential buyers and negotiating the sale of the company |
|
Aug 1999
|
$3.3bn |
Iridium (for Motorola) |
Blackstone advised Motorola consumer sponsors and credited investors on their investment in Iridium as it attempted to restructure in Chapter 11 |
|
Feb 2008
|
N/A |
Northern Rock |
Blackstone advised Northern Rock on a range of strategic options and developed a restructuring plan used under public ownership |
|
Dec 2007
|
$5.0bn |
MoneyGram International |
Blackstone advised on a significant out-of-court restructuring that allowed MoneyGram to avoid bankruptcy by raising $760 million in equity and an additional $750 million in debt financing under extremely adverse capital market conditions |
|
Jun 2012
|
$1.1bn |
Financial Guaranty Insurance Company ("FGIC") |
Blackstone advised on strategic alternatives including capital infusion and portfolio restructuring |
|
Aug 2008
|
$292mm |
Bally Total Fitness |
Blackstone advised on strategic alternatives regarding maximization of shareholder value and liquidity, including an asset sale and negotiating a new credit facility |
|
Feb 2005
|
$155mm |
Smarte Carte Inc. |
Blackstone advised on the restructuring of $155 million of debt |
|
Dec 1999
|
$288mm |
Greater Beijing First Expressways |
Blackstone advised on the restructuring of $288 million of debt |
|
Aug 1997
|
$320mm |
JPS Textile Group Inc. |
Blackstone advised on the restructuring of $550 million of debt |
|
Sep 1999
|
$612mm |
The Singer Company NV |
Blackstone advised on the restructuring of $612 million of debt |
|
Jan 1998
|
$328mm |
Paragon Trade Brands |
Blackstone advised Paragon on its sale to Wellspring pursuant to a Chapter 11 Plan |
|
May 2005
|
$450mm |
aaiPharma Inc. |
Blackstone advised the ad hoc committee of bondholders |
|
Mar 2009
|
$2.8bn |
Delphi Automotive Systems, LLC |
Blackstone advised the Agent (JPM) on the $3.5 billion DIP Facility with respect to Delphi's reorganization, proposed strategic alternatives, and negotiations with General Motors and the United States Treasury |
|
Jun 2000
|
$3.1bn |
Safety-Kleen Services Inc. |
Blackstone advised the bank group in Chapter 11 restructuring that partially resulted from significant environmental liabilities |
|
Feb 2002
|
$2.7bn |
AEI Resources |
Blackstone advised the bank lender group in the restructuring and sale of AEI resources in Chapter 11 |
|
May 2003
|
$3.2bn |
Fleming Companies Inc. |
Blackstone advised the Company in its Chapter 11 proceedings, restructuring in excess of $4 billion in liabilities via asset sales and the reorganization around Core-Mark |
|
Apr 2008
|
$477mm |
Minneapolis Star Tribune |
Blackstone advised the Company in its Chapter 11 restructuring |
|
Sep 2006
|
$256mm |
Global Power Equipment Group Inc. |
Blackstone advised the Company in its Chapter 11 restructuring |
|
Sep 2003
|
$330mm |
DTN |
Blackstone advised the Company in its pre-packaged reorganization |
|
Feb 1999
|
$484mm |
Geneva Steel |
Blackstone advised the Company on its Chapter 11 restructuring, developing a comprehensive 5-year business plan and negotiating the terms of a rights offering for new common equity |
|
Feb 2009
|
$1.0bn |
Allied Capital |
Blackstone advised the Company on its out-of-court restructuring of $1,015 million of liabilities |
|
Jun 2007
|
$196mm |
Mrs. Fields Companies Inc. |
Blackstone advised the company on its pre-packaged Chapter 11 reorganization, restructuring nearly $200 million of debt |
|
Jul 2006
|
$12.2bn |
MBIA (Eurotunnel) |
Blackstone advised the primary debt holder in one of Europe’s most complex restructurings |
|
Apr 2006
|
$38mm |
ABB Lummus Global Inc. |
Blackstone advised two of ABB’s subsidiaries in their restructuring of asbestos liabilities in Chapter 11 |
|
Oct 1995
|
$19.8bn |
Olympia & York Companies |
Blackstone advised unsecured lenders to the Company through its Chapter 11 restructuring |
|
Feb 2005
|
$1.9bn |
Winn-Dixie |
Blackstone advised Winn-Dixie in its Chapter 11 proceeding, which was named the 2007 Mega Company Turnaround of the Year by the Turnaround Management Association |
|
Aug 2005
|
$247mm |
Russell-Stanley Holdings |
Blackstone negotiated a comprehensive pre-packaged restructuring which received 100% support from creditors prior to filing and negotiated the sale of the Company to One Equity Partners and an affiliate of Mauser Werke GmbH & Co. KG |
|
Jul 2007
|
$3.5bn |
Bear Stearns Asset Management |
Blackstone negotiated with creditors in High-Grade Structured Credit Strategies Fund and High-Grade Structured Credit Enhanced Leverage Fund to reduce “repo” exposure and delever funds |
|
Mar 2005
|
$50.0bn |
General Motors |
Blackstone provided advisory services related to 2006 sale of 51% stake in GMAC. Blackstone acted as exclusive advisor to the Company in its efforts to negotiate a VEBA trust for the Company’s ~$50 billion UAW OPEB obligation |
|
Jul 2007
|
$3.5bn |
Trans World Airlines Inc. |
Blackstone represented ETC creditors during TWA’s Chapter 11 filing in 1994. From 1995-1996, Blackstone represented TWA in evaluating strategic, financing and merger alternatives |
|
Sep 2005
|
$230mm |
Entergy New Orleans Inc. |
Blackstone represented holders of $230 million of debt |
|
Jul 2005
|
$459mm |
Allied Holdings Inc. |
Blackstone represented holders of $260 million of debt |
|
Jun 2006
|
$373mm |
Communications Corp. of America |
Blackstone represented Holders of $373 million of debt |
|
Dec 2006
|
$550mm |
Granite Broadcasting Corp. |
Blackstone represented holders of $560 million of debt |
|
Jan 2008
|
$635mm |
Buffets Holding Inc. |
Blackstone represented holders of $635 million of debt in the Company's Chapter 11 restructuring |
|
May 2004
|
$487mm |
New World Pasta Company |
Blackstone represented senior secured lenders |
|
Feb 2003
|
$1.2bn |
Combustion Engineering Inc. |
Blackstone served as financial advisor to Combustion Engineering on the restructuring of its asbestos liabilities in Chapter 11 |
|
Jun 2002
|
$21.5bn |
Adelphia |
Blackstone was retained by Comcast Corporation to assist Comcast in formulating a joint proposal with Time Warner to acquire substantially all of Adelphia’s cable assets |
|
May 1995
|
N/A |
Dow Corning |
Blackstone was retained in 1995 following Dow Corning’s bankruptcy filing caused by its silicone breast implants law suits |
|
Nov 2000
|
$7.0bn |
Xerox Corp. |
Blackstone was retained in 2000 to assist Xerox in addressing liquidity issues and to carry out a restructuring and recapitalization of the firm |
|
Apr 2002
|
$6.9bn |
Williams Communications Group |
Blackstone was retained to assist in the restructuring of the company’s $5.8 billion outstanding debt – one of the fastest and most successful restructurings in the sector |
|
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 |
|
Pending
|
$1.6bn |
Ambac Financial Group Inc. |
Currently advising Ambac Financial Group on its in-court restructuring |
|
Oct 2010
|
$303mm |
Spansion Inc. |
Engaged by an adhoc committee of senior noteholders to provide expert opinions and testimony on valuation and contract rejection damages |
|
Jul 2008
|
€150mm |
CFS |
Fairness opinion provider to the Company and sponsor on their restructuring |
|
Pending
|
$260mm |
The Mashantucket Pequot Tribe (Foxwoods Casino) |
In the context of restructuring of Foxwood's balance sheet, advising MBIA and FSA as bond insurers of approximately $260 million of notes |
|
Jan 2010
|
$3.2bn |
Jefferson County Alabama Sewer Authority |
Involved in the restructuring of financial guarantees in 2009 and 2010 |
|
Aug 2002
|
$762mm |
Alestra (for AT&T) |
Negotiated a comprehensive restructuring of AT&T’s Mexican joint venture, including a new equity investment by AT&T and a tender / exchange offer for the company’s bonds |
|
Mar 2009
|
N/A |
Flextronics |
Provided financial and restructuring advisory relating to Nortel |
|
Nov 2010
|
$1.5bn |
Capmark Financial Group Inc. |
Represented ad hoc committee of Secured Lenders in the Capmark chapter 11 case, $1.5 billion in total claims |
|
Jun 2010
|
$550mm |
American Capital Ltd. |
Represented public noteholders in an out-of-court exchange offer |
|
Jan 2012
|
$645mm |
The Quizno's Corporation |
Represented the first lien lenders in an out-of-court restructuring
|
|
Jun 2011
|
$900mm |
Station Casinos Inc. |
Represented the OpCo senior secured credit facilities, totaling approximately $900 million, in the Chapter 11 restructuring |
|
Pending
|
$3.4bn |
Motorola Inc. |
Representing PBGC in evaluating announced spin off transaction of Company’s mobility business in regards to PBGC’s Employee Benefits Program protecting against significant underfunded pension risk |
|
Mar 2011
|
$402mm |
Highland Hospitality Corporation |
Representing senior mezzanine lenders in an out-of-court restructuring |
|
Dec 2001
|
$63.4bn |
Enron |
Was retained in 2001 to help navigate the firm through one of the largest and most complex bankruptcies in history |