New Chapter 11 Filing - Homer City Generation, L.P.
Homer City Generation
- 1/11/17 Recap: Pennsylvania-based GE-owned power company with three coal-fired electric power generating units files a prepackaged Chapter 11 to effectuate a deal to turnover the company's assets to its sale leaseback debtholders.
- Jurisdiction: D. of Delaware
- Capital Structure: $147mm '19 8.137% senior secured notes, $466mm '26 8.734% senior secured notes (Bank of New York Mellon)
- Company Professionals:
- Legal: Richards Layton & Finger PA (Mark Collins, Russell Siberglied, Paul Heath, Joseph Barsalona II, Andrew Dean)
- Financial Advisor: Zolfo Cooper (John Boken)
- Investment Banker: PJT Partners Inc. (Mark Buschmann, John Singh)
- Claims Agent: Epiq Bankruptcy Solutions LLC (*click on company name for docket)
- Other Parties in Interest:
- Ad Hoc Group of First Lien Bondholders:
- Legal: O'Melveny & Meyers LLP (George Davis, Andrew Parlen, Matthew Kremer, Joseph Zujkowski) & (local) Young Conaway (Sean Beach)
- Financial Advisor: Charles River Associates
- Investment Banker: Houlihan Lokey
- Bank of New York Mellon
- Legal: Emmet, Marvin & Marvin LLP (Thomas Pitta)
- General Electric
- Legal: Weil (Robert Lemons, Sunny Singh) & (local) Reed Smith LLP (Kurt Gwynne)
- Ad Hoc Group of First Lien Bondholders:
Updated 1/23/17