Guggenheim Securities Archives

Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11

Hornbeck Offshore Services emerged from Chapter 11. As part of its plan of reorganization, Hornbeck also closed on its common stock rights offering, which resulted in a $100 million cash infusion of new equity capital led by the special opportunities funds of Ares Management.

Ares Commits Additional Capital as Part of Salt Creek Recapitalization

SCM Topco, parent of Salt Creek Midstream, closed on a recapitalization with additional investments from both its existing lender groups and funds managed by Ares Management.

BofA, Pathlight Allow DIP Overdraw as Pier 1 Pursues Wind‑Down of Business Ops

Pier 1 Imports is seeking bankruptcy court approval for a wind-down of its retail operations. The company’s DIP lenders, including Bank of America and Pathlight Capital, agreed to allow Pier 1 to overdraw the DIP facility by approximately $40 million to support continued operations.

Hornbeck Offshore Services Receives Lender Support for Restructuring Plan

Pursuant to a restructuring support agreement, Hornbeck Offshore Services has the support of secured lenders holding approximately 83% of the company’s aggregate secured indebtedness.

Portage Point, Guggenheim Securities Advise on Hornbeck Restructuring

Portage Point Partners is serving as restructuring advisor and Guggenheim Securities is serving as financial advisor to Hornbeck Offshore Services, which entered into a restructuring support agreement that will be implemented through a voluntary prepackaged Chapter 11 case.

FTI, Guggenheim Securities Advise OneWeb During Bankruptcy Process

FTI Consulting is serving as restructuring advisor and Guggenheim Securities is serving as financial advisor to OneWeb, which voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

March 30, 2020 Adrian Steckel | FTI Consulting | Guggenheim Securities | OneWeb Phil Neuffer

Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11

Ares Commits Additional Capital as Part of Salt Creek Recapitalization

BofA, Pathlight Allow DIP Overdraw as Pier 1 Pursues Wind‑Down of Business Ops

Hornbeck Offshore Services Receives Lender Support for Restructuring Plan

Portage Point, Guggenheim Securities Advise on Hornbeck Restructuring

FTI, Guggenheim Securities Advise OneWeb During Bankruptcy Process

Hercules Capital Completes $250 Million Securitization

Brogdon Joins Guggenheim Securities as Sr. Managing Director

Guggenheim Securities to Acquire Millstein

Guggenheim Arranges Up to $600MM Facility for LendingPoint

Tag Archives: Guggenheim Securities