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

76 of 133 deals · clear filters

DateCompanyJurisdictionStructureSubsequent event
December 2025 Newfold Digital US Uptier —
December 2025 KIK Consumer Products Canada / US Uptier —
November 2025 Springs Window Fashions (#2) US Uptier —
October 2025 Apex Tool (#2) US Uptier —
September 2025 GrubHub US Uptier —
August 2025 Summit BHC US Uptier —
August 2025 Brook + Whittle US Uptier —
July 2025 Victoria PLC Europe Uptier —
June 2025 Wellness Pet Company US Uptier —
June 2025 Selecta Europe Uptier —
June 2025 Quest Software, Part 1 US Uptier —
June 2025 Flexsys Holdings Inc. US Uptier —
May 2025 Radiate Holdco LLC US Uptier —
May 2025 Naked Juice US Uptier / Exchange —
May 2025 Cision US Uptier —
May 2025 Astound Broadband, Part 2 US Uptier —
April 2025 Tropicana US Uptier —
April 2025 Thrive Pet Healthcare US Uptier / Exchange —
April 2025 Conuma Resources Canada – USD SSNs Uptier —
April 2025 B. Riley Financial US Uptier —
March 2025 EmployBridge US Uptier / Exchange —
February 2025 Stitch Acquisition Corp US Uptier —
February 2025 Oregon Tool Inc. US Dropdown + Uptier —
February 2025 Confluence Technologies US Uptier —
January 2025 Better Health Group US Uptier —
December 2024 iHeartMedia US Uptier —
December 2024 Veritas Technologies Not stated Exchange / Uptier —
December 2024 Springs Window Fashions US Uptier —
December 2024 Lions Gate Entertainment Corporation US Exchange / Uptier —
November 2024 FinThrive US Uptier —
November 2024 Empire Today US Dropdown + Uptier + Double-Dip —
November 2024 Dodge Construction Network US Uptier (FO) —
October 2024 WideOpenWest US Uptier —
September 2024 OnTrack (LaserShip) US Uptier —
August 2024 PECF USS / United Site Services US Dropdown + Uptier —
August 2024 Magenta Buyer US Uptier —
August 2024 Del Monte US Dropdown + Uptier Bankruptcy
June 2024 Valcour Packaging / MRP Solutions US Uptier / Exchange —
June 2024 Hunkemöller Netherlands – NY-SSNs Uptier Litigation
May 2024 Sound Inpatient Physicians US Uptier —
May 2024 Office Properties Trust US Uptier —
April 2024 Rackspace US Uptier —
April 2024 Loparex US Uptier —
April 2024 EyeCare Partners US Uptier —
April 2024 Digital Media Solutions US Uptier Bankruptcy
April 2024 City Brewing US Dropdown + Uptier Recapitalisation
March 2024 Atlas Midco / Alvaria Inc. US Dropdown + Uptier —
February 2024 GoTo Group US Uptier —
February 2024 Apex Tool US Uptier —
February 2024 AccentCare US Uptier —
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
May 2023 LifeScan US Uptier —
April 2023 Rodan & Fields US Uptier —
March 2023 West Marine US Uptier —
February 2023 Yak Mat US Uptier —
December 2022 Diebold Nixdorf US Uptier Bankruptcy
December 2022 BW Homecare / Elara Caring US Uptier —
November 2022 Mitel Networks Canada – USD term loans Uptier Litigation / Bankruptcy
August 2022 Envision Healthcare (#2) US Uptier Litigation / Bankruptcy
February 2022 Incora / Wesco US Uptier Litigation / Bankruptcy
April 2021 Medical Depot US Uptier Defaulted
February 2021 TPC Group US Uptier Litigation / Bankruptcy
February 2021 Renfro (#2) US Uptier —
December 2020 GTT Comm. US Uptier Bankruptcy
November 2020 Cineworld US / Europe Uptier Bankruptcy
September 2020 Trimark (#1) US Uptier Litigation / Defaulted
August 2020 Boardriders US Uptier Litigation
June 2020 Sinclair / Diamond Sports US Uptier / Exchange Bankruptcy
June 2020 Serta Simmons US Uptier Litigation / Bankruptcy
February 2020 NPC International US Uptier Bankruptcy
June 2018 Murray Energy US Uptier Litigation / Bankruptcy
May 2017 Not Your Daughter's Jeans US Uptier Litigation
January 2017 Bioscrip / Option Care Health US Uptier —

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.