Global Clean Energy Holdings, Inc. (GCEH) and 14 of its subsidiaries (“Global Clean”) in their prearranged Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. Global Clean is a vertically integrated renewable fuels innovator that produces ultra-low carbon renewable fuels. Global Clean entered Chapter 11 to facilitate a debt-for-equity exchange with certain of the company’s key stakeholders, including lenders holding 96% of the company’s funded secured debt, who are supporting the Chapter 11 through a restructuring support agreement and an agreement to provide the company with approximately $200 million in new money debtor-in-possession capital.
EQT Corporation (NYSE: EQT) in a $2.3 billion unsecured bridge-loan credit facility of EQM Midstream Partners, LP, a subsidiary of EQT Corporation, to finance, in part, the repurchase and redemption of certain of EQM’s senior notes in connection with EQT Corporation’s joint venture with an affiliate of Blackstone Credit & Insurance
TPG Rise Climate in its definitive agreement to acquire Olympus Terminals, a leading independent storage provider for renewable fuels and refined products in Southern California
EQT Corporation (NYSE: EQT) in its $3.5 billion unsecured revolving credit facility in connection with its acquisition of Equitrans Midstream Corporation (NYSE: ETRN), a leading independent national gas production company with operations focused in the Appalachian Basin
