Eugene Y. Park

Primary Focus & Experience

Mr. Park represents borrowers, equity sponsors, and opportunistic credit investors in a wide range of liability management matters, opportunistic and distressed financings, and restructurings.

Mr. Park’s recent representations include, among others:

Selected Company Representations

• United Site Services in a $300 million new money financing and the recapitalization of $2.6 billion of secured and unsecured liabilities.
• Aventiv Technologies in multiple new money and uptier refinancing transactions involving more than $1.6 billion of first and second lien liabilities.
• Petmate in a new money drop-down financing and out-of-court restructuring of over $800 million of liabilities.
• Envision Healthcare in a series of landmark liability management transactions including $1.1 billion of new money and de-leveraging of $1.9 billion of liabilities.
• US Renal Care Inc. in a $328 million new money drop-down financing.
• Curo Group Holdings Corp. in connection with liability management transactions comprised of $150 million of new money and a $680 million uptier bond exchange.
• Anywhere Real Estate Inc. in a $800 million uptier bond exchange.
• Bed Bath & Beyond in a highly anticipated $500 million “first-in-last-out” IP-backed rescue financing.
• WeWork Companies in connection with an amendment and extension of its $1.45 billion letter of credit facility.
• Pioneer Energy Services as the debtor-in-possession in prepackaged chapter 11 cases.
• Pipeline Health Services as the debtor-in-possession in chapter 11 cases and related financings.
• David’s Bridal in a strategic rescue financing.
• Center for Autism Related Disorders in a strategic rescue financing.

Selected Creditor Representations

• Elliott Investment Management as the anchor lender to Magenta Buyer in drop-down liability management transactions that raised $400 million of new money and refinanced over $4 billion of 1L and 2L liabilities.
• An ad hoc group of bondholders of debt securities of DISH Network Corporation and DISH DBS Corporation in successful opposition to proposed exchange offers.
• An ad hoc group of term lenders to Tosca Services in connection with a $100 million super-priority new money and $600 million uptier refinancing transaction.
• An ad hoc group of term lenders to SI Group in connection with a $1.8 billion uptier recapitalization transaction.
• An ad hoc group of term lenders to Maverick Gaming in a comprehensive amendment and uptier exchange.
• An ad hoc group of bondholders of Exide Technologies in connection with multiple out-of-court exchange and restructuring transactions which resolved complex disputes with numerous state and local environmental agencies.
• The California Public Utilities Commission (CPUC) in the chapter 11 cases of PG&E Corporation and Pacific Gas Electric Company involving over $70 billion in liabilities.
• TPG Capital in connection with the chapter 11 proceedings of its portfolio company, J. Crew.
• An ad hoc group of term loan lenders to American Tire Distributors in connection with the company’s chapter 11 proceedings that restructured over $2 billion of liabilities.

Recognition & Accomplishments

Mr. Park received his J.D. from University of Chicago Law School and his B.A. from Syracuse University.