Liability management exercises · defined & tracked

liabilitymanagement.ca

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.

JurisdictionAllUSCanadaEurope

15 of 133 deals · clear filters

DateCompanyJurisdictionStructureSubsequent event
December 2023 Aventir (fka Securus) US Uptier —
November 2023 Spectrum Control US Uptier —
October 2023 Pretium Packaging US Uptier —
September 2023 Wheel Pros US Uptier + Double-Dip + Pari-Plus Litigation / Bankruptcy
September 2023 Trinseo US Pari-Plus Bankruptcy
August 2023 Frontier Communications US Dropdown —
June 2023 US Rental Care (#1) US Dropdown —
June 2023 Shutterfly US Dropdown —
May 2023 RobertShaw US Dropdown —
May 2023 LifeScan US Uptier —
April 2023 Rodan & Fields US Uptier —
March 2023 West Marine US Uptier —
February 2023 Yak Mat US Uptier —
February 2023 Sabre Corp US Pari-Plus —
January 2023 Instant Brands US Dropdown Bankruptcy

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.