Insights

DIP Term Loan Agent – Debt Restructuring

July 24, 2019 – Representation
Herrick, Feinstein LLP

Herrick Partner and Finance Group Co-Chair Eric Stabler and Bankruptcy Counsel Steven Smith, are representing Cantor Fitzgerald Securities as the Administrative Agent and Collateral Agent under a $150 million DIP Term Loan Facility in Kentucky-based coal producer Blackhawk Mining and affiliates' pre-packaged debt-for-equity restructuring of $1.1 billion of debt.