Tag Archives: Norton Rose Fulbright

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.

Allegiance Bank and CommunityBank of Texas to Merge

Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the parent company of CommunityBank of Texas, will merge to create a combined company with an equity market capitalization of $1.5 billion.

Deutsche Bank, Helaba and NORD/LB Upsize 8minute’s Credit Facility to $350MM

Deutsche Bank, Landesbank Hessen-Thüringen (Helaba) and Norddeutsche Landesbank (NORD/LB), along with existing lenders, expanded 8minute Solar Energy’s $225 million revolving credit facility to $350 million.

Syndicate Including BNP Paribas to Arrange $325MM Debt Facility for Horizonte Minerals

A syndicate of five international financial institutions, including BNP Paribas, ING Capital, Mizuho Bank, Natixis and Société Générale will act as the mandated lead arrangers for a $325 million senior secured project finance facility for Horizonte Minerals.

Alvarez & Marsal Advises Dean Foods on Sales During Chapter 11 Process

Alvarez & Marsal served as financial advisor to Dean Foods on its sale of assets to Dairy Farms of America, Prairie Farms Dairy, Mana Saves McArthur, Producers Dairy Foods, Harmoni and Industrial Realty Group.