Alex Shimamura is an associate in the New York office of Milbank LLP and a member of the firm’s Alternative Investments Practice.
New York
Primary Focus & Experience
Mr. Shimamura represents creditors, ad hoc groups, distressed investors, direct lenders, borrowers, issuers and private equity sponsors in a broad range of matters, including liability management transactions, restructurings, DIP and exit financings, direct lending transactions, rescue financings and bespoke capital and liquidity solutions.
Select representations include:
- An ad hoc group of first lien lenders to Anastasia Beverly Hills in connection with an out-of-court recapitalization transaction resulting in a partial cash paydown of existing first lien term loans and the issuance of takeback term loans and reorganized equity.
- Carlyle in connection with the chapter 11 proceedings of Pine Gate Renewables and three related DIP financing facilities totaling $1.66 billion.
- An ad hoc group of noteholders to Nexeo Plastics/GPD in connection with an amend and extend transaction for $495 million of secured notes, including a $175 million cash paydown.
- HPS in connection with a $500 million secured term loan credit facility for Claros Mortgage Trust.
- A group of direct lenders in providing $925 million of senior secured term loans and $80 million of senior secured revolving commitments to a leading specialty chemicals company.
Mr. Shimamura’s representations while at his prior firm include:
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Enviva Inc. and related $1.05 billion exit term loan financing, $500 million DIP financing and $250 million new-money equity financing.
- An ad hoc group of first lien lenders to SEKO Logistics in connection with a comprehensive out-of-court restructuring of $1.1 billion of debt.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Diebold Nixdorf and related $1.25 billion DIP-to-exit term loan financing.
- Certain lenders to Carestream Dental in connection with an out-of-court recapitalization transaction resulting in $525 million of new capital.
- An ad hoc group of unsecured noteholders to WeWork Companies LLC in connection with a comprehensive debt recapitalization resulting in the issuance of $975 million of new first lien notes and exchange offers for $600 million of unsecured notes for second lien notes, third lien notes and equity.
- An ad hoc group of term lenders to Valcour Packaging LLC (Mold-Rite Plastics) in connection with an uptier new money financing and discounted exchange transaction resulting in $640 million of superpriority first, second, third and fourth lien term loans.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Revlon and related $575 million DIP credit facility.
- An ad hoc group of term lenders in connection with a $600 million uptier refinancing transaction for TPx Communications.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Avianca and related $1.05 billion DIP-to-exit financing.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Riverbed Technology, Inc. and related $900 million exit term loan financing and issuance of convertible preferred equity in the reorganized company.
- An ad hoc group of term lenders to Limetree Bay Terminals LLC in connection with a $100 million rescue financing and a subsequent refinancing of $475 million of senior secured term loans.
Recognition & Accomplishments
Mr. Shimamura earned his J.D. from New York University School of Law and his B.A. from the University of Michigan.
Education
- New York University School of Law, J.D.
- University of Michigan, B.A.
Admissions
- New York