The register
Deal Tracker
133 reported liability management exercises from 2009 to 2025, classified by structure, jurisdiction and what followed. The list begins with Table 1 of Liability Management Exercises: Law and Practice and is updated as transactions are reported.
32 of 133 deals · clear filters
| Date | Company | Jurisdiction | Structure | Subsequent event |
|---|---|---|---|---|
| September 2025 | Liberty Puerto Rico | US | Dropdown / Double-dip | — |
| July 2025 | Altice International (Optimum Communications) | US | Dropdown | — |
| June 2025 | Saks Fifth Avenue | US | Dropdown | — |
| May 2025 | Anastasia Beverly Hills | US | Dropdown | — |
| March 2025 | New Fortress Energy | US | Triple dip / Dropdown | English restructuring |
| February 2025 | Oregon Tool Inc. | US | Dropdown + Uptier | — |
| November 2024 | Empire Today | US | Dropdown + Uptier + Double-Dip | — |
| November 2024 | Astound Broadband, Part 1 | US | Dropdown | — |
| October 2024 | System1 | US | Dropdown | — |
| October 2024 | STG Logistics | US | Dropdown | Litigation |
| August 2024 | PECF USS / United Site Services | US | Dropdown + Uptier | — |
| August 2024 | Del Monte | US | Dropdown + Uptier | Bankruptcy |
| July 2024 | Pluralsight | US | Dropdown | — |
| April 2024 | City Brewing | US | Dropdown + Uptier | Recapitalisation |
| March 2024 | Atlas Midco / Alvaria Inc. | US | Dropdown + Uptier | — |
| August 2023 | Frontier Communications | US | Dropdown | — |
| June 2023 | US Rental Care (#1) | US | Dropdown | — |
| June 2023 | Shutterfly | US | Dropdown | — |
| May 2023 | RobertShaw | US | Dropdown | — |
| January 2023 | Instant Brands | US | Dropdown | Bankruptcy |
| April 2022 | Envision Healthcare (#1) | US | Dropdown | Litigation / Bankruptcy |
| October 2020 | Hornblower | US | Dropdown | — |
| September 2020 | Travelport | US | Dropdown | Litigation / Defaulted |
| July 2020 | Renfro (#1) | US | Dropdown | — |
| July 2020 | Party City | US | Dropdown | Bankruptcy |
| May 2020 | Revlon | US | Dropdown | Litigation / Bankruptcy |
| April 2020 | Golden Nugget | US | Dropdown | — |
| September 2018 | Neiman Marcus | US | Dropdown | Litigation / Bankruptcy |
| June 2018 | PetSmart / Chewy | US | Dropdown | Litigation |
| July 2017 | J.Crew | US | IP Dropdown (TPG) | Litigation / Bankruptcy |
| September 2016 | Claire's Stores | US | IP dropdown (Apollo) | — |
| December 2015 | iHeart | US | Dropdown | Litigation / Bankruptcy / Additional LME |
The list draws on 9fin, S&P, PitchBook/LCD, Octus, CreditSights and Bloomberg material, and is limited principally to reported transactions involving debt over US$500m, with selected non-US examples. Classifications are illustrative: many deals combine structures, and the label records the main mechanism reported. The tracker records reported transactions only and does not assess any company’s financial position. Corrections: mclarksonmaciel@cassels.com.