Menu

Home Products International

The firm served as counsel to the ad hoc committee of holders of the debtors’ outstanding 9.625% senior subordinated notes, and negotiated a plan support agreement and term sheet providing for a debt-for-equity swap whereby the notes and HPI stock would be extinguished, noteholders would receive 95% of new HPI stock and, provided the noteholders and old HPI stockholders accepted the Plan, old HPI stockholders would receive 5% of the new HPI stock.

Our website uses cookies to enhance site navigation, analyze site usage, and assist in our marketing efforts. By continuing to browse this website, you are agree to our Privacy Policy