Tag Archives: Norton Rose Fulbright

Norton Rose Fulbright Advises on First-of-its-Kind Parallel Restructuring for Vroon

Norton Rose Fulbright advised a committee of secured creditors on the restructuring of international shipping company Vroon. The restructuring was completed on June 12. This was the first restructuring to be carried out using a parallel English scheme of arrangement and Dutch WHOA plan.

CIT Leads Syndicate Providing $750MM Credit Facility for Origis Energy

Origis Energy closed an upsizing amendment to its development finance facility, doubling capacity to $750 million. With enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar and energy storage project pipeline.

Philippine Airlines Emerges from Chapter 11 with $2B in Balance Sheet Reductions

Philippine Airlines emerged from its voluntary Chapter 11 proceedings, completing its financial restructuring within four months. Philippine Airlines’ plan of reorganization provides for more than $2 billion in permanent balance sheet reductions from existing creditors.