The transactions highlighted below are representative of Greenhill engagements. In addition, the Firm has completed many engagements that were not publicly-disclosed.
Advised Bethlehem Steel Corp., the United States third largest steel producer, in connection with its Chapter 11 proceedings and eventual sale to International Steel
Advised THUS plc on its underwritten £275 million open offer, £90 million bank loan and demerger from its parent, ScottishPower
Advised the Special Committee of Morton’s on sale of the Company.
Advised Pegaso, Mexico’s No. 2 wireless provider, on its financial restructuring and subsequent sale of 65% stake to Telefonica for $1.36 billion
Advised Pegaso, Mexico’s No. 2 wireless provider, on its financial restructuring and subsequent sale of 65% stake to Telefonica
Advised Completel, an alternative telecom operator, on a balance sheet restructuring and recapitalisation agreement involving an exchange offer for €255 million in face value of public bonds (debt/equity swap), €30 million in new capital from two major shareholders and €8 million from certain bondholders
(majority owned by 3i plc)
Advised Go Fly, Europe’s No. 3 no-frills airline, on its sale to easyJet. The acquisition created Europe’s largest low cost airline.
Advised American Commercial Lines, an operator of barges, towboats and shipyards, on its out of court restructuring
Advised the Committee representing holders of UPC’s Senior Notes and Senior Discount Notes in the negotiations with UPC and its Liberty Media controlled parent company, UnitedGlobalCom, about a proposed balance sheet restructuring and recapitalisation of UPC
Advised the Unsecured Creditors of Adelphia Communications representing $14.5 billion of value in Adelphia’s Chapter 11 proceedings. Advised on the sale of Adelphia’s assets to Time Warner and Comcast for $17.6 billion
Advised Ziff Davis Media, Inc., a special interest media company focused on the technology and game markets, regarding its strategic alternatives and, ultimately, with respect to its recapitalisation effectuated through an exchange offer
Advised WebLink, a leading provider of two-way wireless messaging services, on various strategic alternatives, including its ultimate standalone financial restructuring
Advised the official committee of bondholders of Marconi, a leading telecom equipment provider, on the financial restructuring of Marconi's £4 billion of externally held financial indebtedness
Advised AT&T Canada on a stand-alone financial restructuring
Advised Tesco PLC, Britain’s largest retailing group, on its acquisition of T&S Stores plc, a publicly listed convenience store retailer operating in the UK.
(Pulp Chemicals Business)
Advised Sterling Chemicals on the disposal of its Pulp Chemicals Business. The business is one of the largest providers of chemicals for the processing and bleaching of pulp and paper products.
Advised Trenwick, a Bermuda-based specialty insurance and reinsurance underwriting organization on the restructuring of $552 million of externally held financial indebtedness
(subsidiary of Diageo plc) Advised Diageo plc on sale of Burger King Corporation restaurant system.
Advised MRM, a global insurance, risk management, and financial administration services provider on the restructuring of $350 million of externally held financial indebtedness, and on the sale of certain key subsidiaries. The restructuring plan provided for this indebtedness to be exchanged for a package of cash and new debt and equity securities
Advised Orius Corp, a leader in Telecom Services, on various strategic alternatives, including its ultimate standalone financial restructuring
Advised The Charles Schwab Corporation on the sale of its British pound sterling brokerage business, to Barclays PLC.
Advised AT&T Latin America on the restructuring and sale of its South American subsidiaries in Argentina, Brazil, Chile, Colombia and Peru to Telefonos de Mexico for $206.7 million. Also advised ATTLA on the resolution of it U.S. Chapter 11 proceedings
Advised RCN on the negotiation of an amendment to its $734.4 million bank facility that adjusts and eliminates certain covenants and enables the use of up to $125 million of existing cash and up to $500 million of new secured capital for strategic deleveraging
Advised Wella AG, a global market leader in hair care and fragrances, on its sale to The Procter & Gamble Company
Advised the Official Committee of Unsecured Creditors of Conseco, Inc., a life insurance and annuities company, on the financial restructuring of the Company’s $6 billion of externally held financial indebtedness