Credit Suisse Agents Loan Repricing for Hostess

Hostess Brands repriced its existing first lien term loan, with Credit Suisse serving as administrative agent for the lending group.

November 21, 2017 Credit Suisse | Hostess Brands ABF Journal

Hostess Brands to Go Public After Sale to Gores Holdings

Hostess Brands, the maker of Hostess Twinkies, Ding Dongs and CupCakes, entered into a definitive agreement with Gores Holdings, a special purpose acquisition company sponsored by an affiliate of The Gores Group.

July 6, 2016 Gores Holdings | Hostess Brands Rita Garwood

Hostess Said to Seek Loans to Refinance Debt, Fund Payout

Bloomberg reported that Hostess Brands is seeking $1.225 billion of loans to refinance debt and pay a dividend.

July 16, 2015 Credit Suisse Group | Hostess Brands Rita Garwood

What’s in a Name? Just Ask Hostess Brands — The Value of Branding in Bankruptcy

Using the recently completed auction sale of Hostess Brands’ as a model, FTI Consulting’s global co-leader, Kevin Lavin, reveals the economic value embedded in established brand names, trademarks and other intangibles — value that buyers often are willing to pay top dollar for when they become available.

January 29, 2014 brands in bankruptcy | Hostess Brands ABF Journal

Rabin, Capital Recovery to Conduct Nationwide Hostess Auctions

Rabin Worldwide and Capital Recovery Group said they will conduct multiple auctions for the remaining assets of former Hostess factories on behalf of Hackman Capital Partners beginning Oct. 30.

October 29, 2013 Capital Recovery Group | Hackman Capital Partners | Hostess Brands | Rabin Worldwide ABF Journal

Paul Hastings Represents UBS ABL for Hostess Assets Sale

Paul Hastings represented UBS AG in a $60 million ABL facility in connection with Apollo Global and Metropoulos’ purchase of certain assets related to the manufacturing and distribution of snack products from Hostess Brands.

April 11, 2013 Apollo Global Management | Hostess Assets Sale Paul Hastings | Hostess Brands | Paul Hastings ABFJ News

Hostess Sues Kroger Over $2.8MM in Unpaid Invoices

Reuters reported that Hostess filed a lawsuit in U.S. Bankruptcy Court in Manhattan demanding $2.84 million in overdue invoices from grocery store chain Kroger.

March 5, 2013 Hostess | Hostess Brands | Kroger ABFJ News

FinalCut: Over Two Dozen Bidders to Vie for Hostess

ABF Journal illustrator Jerry Gonzalez shares his depiction of the barrage of bidders — including Wal-Mart Stores, Kroger Co., Grupo Bimbo and Alpha Baking — vying for the assets of Hostess Brands as part of the company’s liquidation.

February 1, 2013 Hostess | Hostess Brands ABF Journal

Hostess Stalking Horse Bids Total $858MM

Bloomberg reported that Hostess Brands’ CEO Greg Rayburn announced that the stalking horse bids for the company’s assets now total $858 million, up from the previously announced $410 million bid by Apollo Global Management and Metropoulous.

January 31, 2013 Bloomberg | Hostess Brands ABFJ News

Metropoulos, Apollo to Bid for Hostess Cakes Business

Bloomberg reported that private equity firms C. Dean Metropoulos and Apollo Global Management plan to bid for the cakes business of bankrupt Hostess Brands.

January 23, 2013 C. Dean Metropoulos | Drake Devil Dogs | Hostess Brands | Hostess Cakes Business Bloomberg | Metropoulos ABFJ News