Lucky Bucks, a class B coin operated amusement machine (COAM) operator in Georgia, and its parent, Lucky Bucks HoldCo, completed a recapitalization transaction with the support of its secured lenders holding more than 86% of its secured debt.
David’s Bridal closed a $70 million term loan provided by CPPIB Credit Investments, a subsidiary of the Canada Pension Plan Investment Board. David’s Bridal will use the new term loan, which matures in 2024, to fund operations and for general corporate purposes.
AlixPartners is serving as restructuring advisor to NPC International in the company’s recently approved Chapter 11 plan.
Greenhill & Co is acting as financial advisor and AlixPartners is serving as restructuring advisor to NPC in a stalking horse asset purchase agreement with Flynn Restaurant Group.
Pacific Drilling and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11. Greenhill & Co. is acting as financial advisor, Latham & Watkins and Jones Walker are acting as legal counsel and AlixPartners is acting as restructuring advisor.
Unit Corporation emerged from Chapter 11 bankruptcy. As part of the company’s plan of reorganization, Unit converted its existing credit facility agented by BOKF into a $140 million reserve-based lending revolving loan and $40 million term loan.
Global Eagle Entertainment agreed to a definitive stalking horse asset purchase agreement for total consideration of $675 million with an entity led by lenders including Apollo Global Management and certain funds and accounts under management by BlackRock.
Opportune is serving as restructuring advisor and Evercore Group is serving as investment banker to Unit Corporation, which filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code.
Alvarez & Marsal North America served as restructuring advisor to American Commercial Barge Line, successor to American Commercial Line, which successfully completed its recapitalization and emerged from Chapter 11.