Investment banking company Imperial Capital and restructuring advisory firm Winter Harbor acted as financial advisors to SAExploration in the company’s Chapter 11 emergence and financial restructuring.
Imperial Capital hired John Santonastaso and Colin Ives as managing directors and Brent Herbst as a vice president to expand its high yield and distressed credit sales team. These sales professionals will report to Timothy Sullivan, president of Imperial Capital.
Imperial Capital hired Denji Yiu as a managing director of credit sales in New York. Prior to joining Imperial Capital, Yiu spent 13 years running high yield and distressed sales at GMP.
Imperial Capital is acting as financial advisor and Porter Hedges is acting as legal counsel to SAExploration, which entered into a restructuring support agreement and filed petitions for relief under Chapter 11 of the U.S. Bankruptcy Code.
Simon Mullaly returned to Imperial Capital as a managing director to launch a European private credit group for which he will serve as head trader.
Imperial Capital hired Peter Parent and Andrew Brummer as managing directors of the company’s credit sales group. Parent previously served at Guggenheim Securities. Brummer previously served at BMO Capital Markets.
Timothy J. Sullivan has joined Imperial Capital as managing director and head of U.S. Credit, responsible for managing the fixed income sales, trading and research business in partnership with its global strategies.
Imperial Capital Group expanded its Institutional Research and Investment Banking presence across the energy sector, with the addition of seven seasoned professionals, all formerly of Wunderlich Securities.
Terrance Cassidy Jr., Geoffrey Mattson and Charles Yorke joined Imperial Capital’s High Grade/Hybrid Sales team as managing directors in New York and Chicago.