Eric Zhi

Merger and Acquisitions

• CCC Information Services in its de-SPAC business combination with Dragoneer Growth Opportunities (NYSE: DGNR) for an enterprise value of $7 billion.
• BigBear.ai’s $1.57 billion de-SPAC merger with GigCapital4 (NASDAQ: GIG) for $1.57 billion.
• Star Peak Corp II (NYSE: STPC) in its de-SPAC business combination with Benson Hill Inc. for $1.35 billion.
• LyondellBasell (NYSE: LYB) in its $2 billion joint venture with Sasol (JSE: SOL, NYSE: SSL), including acquisition of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure.
• McDermott International in its disposition of its subsidiary for more than $2.7 billion.
• GTCR in the sale of Optimal Blue to Black Knight (NYSE: BKI) for an enterprise value of $1.8 billion.

Commercial Real Estate

• Blackstone in its portfolio acquisition and financing of more than 60 industrial assets.
• TPG in CMBS mortgage and mezzanine financing of $350 million secured by its portfolio of class A office assets.
• Macy’s in obtaining more than $4 billion of additional liquidity in response to the impact of the COVID-19 global pandemic on the company and the retail industry.
• Consortium of joint ventures in the roll-up and recapitalization of a real estate portfolio consisting of approx. 100 multifamily properties with a combined asset value of approx. $1.9 billion.

Restructuring

• J.C. Penney in its sale of 166 owned and leased stores and distribution centers pursuant to a Chapter 11 plan of reorganization plan.
• Neiman Marcus Group in its refinancing and recapitalization of approximately $4.5 billion of funded indebtedness encumbering the fee interest and leasehold interests in more than 40 properties.
• GenOn Energy (NYSE: GEN) in its restructuring involving more than $3.5 billion of funded and off-balance sheet debt encumbering the fee interest and leasehold interest in 14 power plants.