General Catalyst and Health Assurance Transformation Company in working capital financing related to the acquisition of Summa Health.
Pretium Packaging, L.L.C. (Pretium) and nine of its affiliates in debtor-in-possession (DIP) and exit financing for the company’s voluntary prepackaged Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey. Pretium entered into Chapter 11 to implement a comprehensive restructuring transaction that eliminated over $900 million of the company’s approximately $1.8 billion funded debt obligations with the overwhelming support of existing lenders and Clearlake Capital Partners, Pretium’s equity sponsor. Pretium received approval for up to $533.5 million in DIP term loans and access to a $100 million DIP ABL facility and, upon confirmation of the plan, such DIP facilities rolled to exit financing to support Pretium’s long-term growth.
