Houlihan Lokey Archives - Page 6 of 12

SFNet Virtual Convention Starting Nov. 17 to Address Future of Finance

The Secured Finance Network’s 76th Annual Convention, “This Way Forward,” will take place from Nov. 17 to 19 and will cover financial, economic and political disruptions that banks and finance companies face in the midst of a pandemic and the aftermath of the U.S. election.

AlixPartners Serves as Restructuring Advisor in Pacific Drilling’s Chapter 11

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.

Houlihan Lokey, AlixPartners Advise UTEX on Restructuring

Houlihan Lokey is serving as financial advisor and investment banker and AlixPartners is serving as restructuring advisor to UTEX Industries, which entered into a restructuring support agreement with the majority of its lenders and will commence reorganization under Chapter 11.

October 7, 2020 AlixPartners | Houlihan Lokey | Mike Balas | UTEX | Weil Gotshal & Manges Phil Neuffer

Valaris Executes $500 Million DIP Term Loan Credit Agreement

Valaris entered into a $500 million Debtor-in-Possession term loan agreement with certain of its noteholders.

PIMCO, Davidson Kempner, Sixth Street Provide $750MM in Exit Financing to Neiman Marcus

Neiman Marcus emerged from voluntary Chapter 11 protection. The company’s new owners, including PIMCO, Davidson Kempner Capital Management and Sixth Street, are funding a $750 million exit financing package.

Houlihan Lokey Hires Hoh as Managing Director for Industrials Group

Richard Hoh joined Houlihan Lokey as a managing director in the industrials group. Hoh previously worked for BMO Capital Markets, Jefferies and Goldman Sachs.

September 17, 2020 Houlihan Lokey | Jim Lavelle | Richard Hoh | William Peluchiwski Rita Garwood

GNC Pursues Dual-Path Restructuring Process

GNC Holding and certain of its secured lenders and key stakeholders reached an agreement to pursue a dual-path process that will allow the company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code.

Ankura, Houlihan Lokey Advise Exide Technologies During Chapter 11 Proceedings

Ankura is serving as financial advisor, Houlihan Lokey is serving as investment banker and Weil, Gotshal & Manges is serving as legal counsel to Exide Technologies, which filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code.

May 20, 2020 Ankura | Exide Technologies | Houlihan Lokey | Tim Vargo | Weil Gotshal & Manges Phil Neuffer

Bank of America to Provide DIP Financing to Techniplas

Bank of America will provide debtor-in-possession financing to fund the restructuring process of Techniplas, which filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.

BRG Advises Neiman Marcus Group During Restructuring

Berkeley Research Group is serving as financial advisor for Neiman Marcus Group, which commenced voluntary Chapter 11 proceedings and secured DIP financing of $675 million from its creditors.

Tag Archives: Houlihan Lokey