TPC Group
Issued $204.5 million of superpriority notes with consent from 67% of noteholders, subordinating its $930 million first-lien notes. Unusually, the majority kept its old notes rather than exchanging out.
Discussed in Liability Management Exercises: Law and Practice at ¶¶ 2.91, 2.159, 23.12, 23.38, 23.64, 23.154.