Hornbeck Offshore Services, Inc. and its affiliates, in its Chapter 11 restructuring in the U.S. Bankruptcy Court for the Southern District of Texas. The Hornbeck Chapter 11 cases were filed with a prepackaged plan of reorganization that contemplates a $75 million in debtor-in-possession (DIP) financing and a fully backstopped $100 million rights offering.
J. C. Penney Company, Inc. and 17 of its affiliates in their pre-arranged Chapter 11 cases. With approximately $4.9 billion in debt, JCPenney entered bankruptcy with a Restructuring Support Agreement that carries broad first lien stakeholder support and is expected to substantially de-lever the company’s balance sheet.
Intelsat S.A. and certain of its affiliates in connection with their Chapter 11 cases in the U.S. Bankruptcy Court for the Eastern District of Virginia. Intelsat had approximately $14.7 billion in funded debt as of its Chapter 11 filing.
TPG Capital in its investment in LifeStance Health.
Silver Lake and Sixth Street Partners in the $1 billion investment in Airbnb.
Acosta, Inc., a multinational full-service sales, marketing, and retail merchandising agency with 30,000 employees, serving 1,200 blue chip companies across the globe, in its prepackaged restructuring of $3 billion of indebtedness. Acosta’s Chapter 11 plan was confirmed by the United States Bankruptcy Court for the District of Delaware just 15 days after the bankruptcy filing.
Partners Group on its significant equity investment in EyeCare Partners, the largest vertically integrated medical vision services provider in the U.S.
Apax on its acquisition of cybersecurity advisory services provider Coalfire from The Carlyle Group and The Chertoff Group.
Windjammer Capital and Summit Partners in the $2 billion combination of Parts Town and Heritage Foodservice Group.
Bristol-Myers Squibb in its $13.4 billion divestiture of Celgene’s OTEZLA® program to Amgen, in relation to its $90 billion acquisition of Celgene.
