Sung Pak

Sung Pak's representative experience includes advising:

Corporate Restructuring and Refinancing

• New Fortress Energy in connection with $1.2 billion of structurally-enhanced refinancing commitments and the exchange of $1.4 billion of existing notes for structurally-enhanced notes
• Westmoreland Mining in its restructuring, which resulted in the reduction of its aggregate outstanding funded debt by over $300 million
• Xplore in connection with a $450 million structurally senior preferred equity financing for its fiber network buildout project, and a subsequent comprehensive balance sheet restructuring

Acquisition and Leveraged Finance

• DL Chemical on the financing for its $2.5 billion acquisition of Kraton Corp.
• Lucid Motors on a $1 billion investment from the Saudi Arabian Public Investment Fund (PIF)
• DealerTrack Technologies in its sale to Cox Automotive

Healthcare and Life Sciences Transactions

• Benefytt Technologies as sponsor and DIP lender in the chapter 11 cases
• Emergent Biosolutions in connection with a $250 million first lien term loan financing
• Sound Physicians in connection with $124 million of new money financing and a comprehensive out-of-court balance sheet restructuring of $895 million of funded debt

Investment Fund Transactions

• HPS Investment Partners in a recapitalization transaction with Vialto, which included a $225 million new money equity capital investment
• Nexus Capital in the debt financing for its acquisition of the ACT testing business
• Oaktree Capital in a $45 million second lien financing for Cennox

Telecommunications and Technology

• DISH Network in connection with a $5.1 billion new money spectrum bond financing for EchoStar
• QualTek Services in connection with both a prepetition liquidity facility and non-pro rate uptiering
• Rubicon Technologies in connection with a term loan to Rubicon Technologies

Manufacturing and Industrials

• Oregon Tool in three financing transactions, increasing the company’s liquidity by $150 million and reducing pre-transaction debt by over $75 million
• Trinseo in a $446.5 million private exchange offer as part of its restructuring
• Verso Corporation in its DIP and exit financings