Tag Archives: Sound Point Capital Management

Global Eagle Completes Asset Sale, Emerges from Chapter 11

Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.

SPCM Provides Exit Financing for Centric Brands’ Chapter 11 Emergence

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

Apollo, BlackRock Participate in $675MM Stalking Horse Agreement with Global Eagle

Global Eagle Entertainment agreed to a definitive stalking horse asset purchase agreement for total consideration of $675 million with an entity led by lenders including Apollo Global Management and certain funds and accounts under management by BlackRock.