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PR Newswire: Restructuring & Recapitalization

Press Releases from PR Newswire about Restructuring & Recapitalization

Published: Wed, 28 Sep 2016 04:41:48 EDT

Last Build Date: Tue, 27 Sep 2016 03:46:00 EDT


Caesars Entertainment, Caesars Entertainment Operating Co. Announce Key Economic Terms Of Proposed Consensual Restructuring Plan for CEOC

Tue, 27 Sep 2016 03:46:00 EDT

LAS VEGAS, Sept. 27, 2016 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") and Caesars Entertainment Operating Company, Inc. ("CEOC") and its Chapter 11 debtor subsidiaries (collectively, the "Debtors") today announced that...

Pacific brinda una actualización sobre su transacción de reestructuración y la distribución de acciones

Mon, 26 Sep 2016 17:21:00 EDT

TORONTO, 26 de septiembre de 2016 /PRNewswire/ -- Pacific Exploration & Production Corp. (la "compañía") se complace en brindar una actualización con respecto a su plan de compromiso y arreglo (el "plan") previamente anunciado conforme a la Companies' Creditors...

Hain Celestial Receives Lender Limited Waiver And Extension Of Credit Facility

Mon, 26 Sep 2016 16:30:00 EDT

(image) LAKE SUCCESS, N.Y., Sept. 26, 2016 /PRNewswire/ -- The Hain Celestial Group, Inc. (Nasdaq:  HAIN), a leading organic and natural products company with operations in North America, Europe and India providing consumers with A Healthier Way of Life™, today announced it has...

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Turtle Beach Restructuring HyperSound Business To Substantially Lower Operating Costs

Mon, 26 Sep 2016 16:05:00 EDT

(image) SAN DIEGO, Sept. 26, 2016 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), a leading audio technology company, has started the process of restructuring its HyperSound directed audio business in an effort to reduce costs and align spending with revenues. Actions have been...

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BV Investment Partners Announces Recapitalization of Right Networks

Mon, 26 Sep 2016 16:00:00 EDT

(image) BOSTON, Sept. 26, 2016 /PRNewswire/ -- BV Investment Partners ("BV"), a middle-market private equity firm focused on the business services and IT services sectors, today announced that it has partnered with the senior management team of Right Networks, a premier provider of cloud...

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R2 Cos. Recapitalizes Iconic River West Loft-Office

Mon, 26 Sep 2016 15:36:00 EDT

(image) CHICAGO, Sept. 26, 2016 /PRNewswire/ -- R2 Companies ("R2"), a Chicago based real estate investment firm, announced a recapitalization of 770 North Halsted Street in Chicago, IL for $23,750,000. The Property consists of two 8-story historic loft buildings in the River West...

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Pacific Provides an Update on its Restructuring Transaction and Share Distribution

Mon, 26 Sep 2016 06:00:00 EDT

(image) TORONTO, Sept. 26, 2016 /PRNewswire/ - Pacific Exploration & Production Corp. (the "Company") is pleased to provide an update with respect to its previously announced plan of compromise and arrangement (the "Plan") pursuant to the Companies' Creditors Arrangement Act (Canada) in...

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PINTEC Group to Spinoff Jimubox, Forming Independent Company JIMU Group

Mon, 26 Sep 2016 05:06:00 EDT

(image) BEIJING, Sept. 26, 2016 /PRNewswire/ -- PINTEC Group, China's leading fintech platform, today announced it will spinoff P2P lending platform Jimubox into an independent company, JIMU Group. Previously, Jimubox was a wholly-owned subsidiary of PINTEC Group, which holds a diversified group...

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Essar Steel Algoma Extends Stay of Proceedings and Debtor-in-Possession Financing

Fri, 23 Sep 2016 13:30:00 EDT

(image) Confirms Secured Lenders Unite in Recapitalization Proposal SAULT STE. MARIE, ON, Sept. 23, 2016 /PRNewswire/ - Essar Steel Algoma Inc. ("Essar Steel Algoma" or the "Company") obtained an Order today from the Ontario Superior Court of Justice extending the stay of proceedings under...

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Alamogordo Financial Corp. Announces Results Of Special Meetings Of Stockholders And Members And Preliminary Offering Results

Thu, 22 Sep 2016 08:27:00 EDT

(image) ALAMOGORDO, N.M., Sept. 22, 2016 /PRNewswire/ -- Alamogordo Financial Corp. (the "Company") (OTCPK: ALMG), the holding company for Bank 34, announced today that, at separate meetings held on September 21, 2016, both the stockholders of the Company and the members of AF Mutual Holding...

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GI Partners Completes Recapitalization of Daxko

Thu, 22 Sep 2016 08:01:00 EDT

(image) SAN FRANCISCO, Sept. 22, 2016 /PRNewswire/ -- GI Partners, a leading middle market private equity firm, announced today that it has completed the previously announced majority investment in Daxko, the leading provider of SaaS solutions to member-based health and wellness...

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Key Energy Services Announces Commencement of Rights Offering and Solicitation for Votes on its Previously Announced Prepackaged Plan of Reorganization

Wed, 21 Sep 2016 20:15:00 EDT

(image) HOUSTON, Sept. 21, 2016 /PRNewswire/ -- Key Energy Services, Inc. ("Key" or the "Company") announced today that it has concurrently commenced a solicitation (the "Solicitation") for votes on its prepackaged plan of reorganization (the "Plan") and a rights offering (the "Rights...

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Templar Energy Closes Comprehensive Restructuring

Wed, 21 Sep 2016 18:30:00 EDT

(image) OKLAHOMA CITY, Sept. 21, 2016 /PRNewswire/ -- Templar Energy LLC and its affiliates ("Templar" or the "Company") announced today that it has closed a comprehensive restructuring transaction on a fully consensual out-of-court basis, having obtained consent from 100% of each of its second...

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Crossroads Capital Announces Portfolio Company Shutdown

Wed, 21 Sep 2016 16:30:00 EDT

(image) LINCOLN, Neb., Sept. 21, 2016 /PRNewswire/ -- Crossroads Capital, Inc. (Nasdaq: XRDC) (the "Company") has announced that Mode Media Corporation ("Mode Media"), a Crossroads Capital portfolio company, ceased operations on September 15, 2016.  The fair value of the...

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Caesars Entertainment and its Sponsors Propose to Increase Contributions to CEOC's Restructuring Plan

Wed, 21 Sep 2016 15:45:00 EDT

(image) LAS VEGAS, Sept. 21, 2016 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") today announced that it, along with affiliates of Apollo Global Management, LLC and TPG Capital, L.P. (together, the "Sponsors"), have proposed an enhancement to...

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Global Leader in Environmental, Health & Safety Technology and Information Services Changes Name to Sphera Solutions

Tue, 20 Sep 2016 07:00:00 EDT

(image) CHICAGO, Sept. 20, 2016 /PRNewswire/ -- Effective today, the former IHS Operational Excellence and Risk Management (OERM) business is now Sphera Solutions. This new corporate name and organizational rebrand is a result of Sphera's transition to an independent entity operating within the...

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Spotlight Innovation Announces Debt Restructuring Through Conversion of $850,000 in Convertible Promissory Notes

Mon, 19 Sep 2016 08:30:00 EDT

(image) WEST DES MOINES, Iowa, Sept. 19, 2016 /PRNewswire/ -- Spotlight Innovation Inc. (OTCQB: STLT) announced today that the holders of a series of convertible promissory notes issued between December 2015 and March 2016, totaling $850,000, have agreed to convert the promissory notes into...

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Golfsmith And Golf Town Receive Court Approval Of "First Day" Motions To Support Business Operations; Obtain Interim Court Approval Of $135 Million In Debtor-In-Possession Financing

Thu, 15 Sep 2016 19:41:00 EDT

AUSTIN, Texas, Sept. 15, 2016 /PRNewswire/ -- Golfsmith International Holdings LP (together with its subsidiaries, the "Company") is pleased to announce that earlier today, the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") granted various forms...

Grupo Clarín S.A. publishes Information Statement regarding Split-up of its Cable Television and Internet Segment

Thu, 15 Sep 2016 09:00:00 EDT

(image) BUENOS AIRES, Argentina, Sept. 15, 2016 /PRNewswire/ -- Grupo Clarín S.A. ("Grupo Clarín") (ARG: GCLA; LSE: GCLA) today announced that it has published a Prospecto de Fusión y Escisión Parcial (the "Argentine Prospectus"), in accordance with the rules of the...

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Rigel Restructures to Focus on Fostamatinib Commercialization

Thu, 15 Sep 2016 07:30:00 EDT

(image) SOUTH SAN FRANCISCO, Calif., Sept. 15, 2016 /PRNewswire/ -- Rigel Pharmaceuticals (Nasdaq: RIGL) today announced plans to build a commercial organization to support the potential launch of fostamatinib, its oral SYK inhibitor, for the treatment of chronic immune thrombocytopenia...

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