Tag Archives: Evercore Group

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.