Tag Archives: Evercore Group

Goldman Sachs Asset Management Makes Investment in World Insurance Associates

World Insurance Associates, an insurance brokerage, and funds advised by Goldman Sachs Asset Management, through its private equity and hybrid capital teams, entered into a definitive agreement through which Goldman Sachs will make “a major investment” in World Insurance Associates.

Monster Enters into Asset Purchase Agreement for Bang Energy

Monster Beverage and Vital Pharmaceuticals (which, together with certain of its debtor affiliates, does business as Bang Energy and VPX Sports) entered into an asset purchase agreement under which a subsidiary of Monster would acquire substantially all of Bang Energy’s assets, including a beverage production facility located in Phoenix.

Avaya Holdings Enters into Restructuring Support Agreement with Secured Lenders

Avaya Holdings, a provider of solutions to enhance and simplify communications and collaboration, entered into a restructuring support agreement with overwhelming support of more than 90% of the company’s secured lenders.

Washington Prime Group Completes Financial Restructuring, Reduces Debt by Nearly $1B

Washington Prime Group emerged from the Chapter 11 process, signifying the completion of the company’s financial restructuring and the implementation of its plan of reorganization. The company emerged from bankruptcy with its debt reduced by nearly $1 billion.

Washington Prime Group Enters Chapter 11, Secures $100MM in DIP Financing

Washington Prime Group filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. Washington Prime Group also secured $100 million in new money debtor-in-possession financing.

FTI Consulting, Centerview Partners Advise on Ultra Petroleum’s Restructuring

FTI Consulting is acting as restructuring advisor and Centerview Partners is acting as financial advisor to Ultra Petroleum, which agreed to the terms of a comprehensive balance-sheet restructuring with key creditor constituencies and filed for reorganization under Chapter 11.