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, borrowers, issuers and private equity sponsors in a broad range of matters, including liability management transactions, restructurings, DIP and exit financings, bespoke capital and liquidity solutions and direct lending transactions.
Mr. Shimamura’s recent 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 transaction 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 first lien secured noteholders in connection with the chapter 11 proceedings of Party City and related $150 million new money DIP financing.
- An ad hoc group of term lenders to Altisource Portfolio Solutions S.A. in an exchange transaction for $172.5 million of secured term loans and equity issuance.
- An ad hoc group of term lenders to Limetree Bay Terminals LLC in connection with a refinancing transaction of $475 million of senior secured term loans.
- An ad hoc group of term lenders in connection with an exchange of ATI Physical Therapy Inc.’s existing term loans for $100 million of convertible senior secured second lien PIK notes and a $25 million delayed draw commitment for additional convertible PIK notes.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of CTI Foods, LLC and related 75 million DIP-to-exit financing.
- A direct lender to TEAM Inc. in connection with a $50 million rescue financing.
- An ad hoc group of term lenders to Limetree Bay Terminals, LLC in connection with a $100 million rescue financing.
- The administrative agent and certain revolving lenders in connection with a restructuring of $597.5 million of debt for Crossmark Holdings, Inc.
- An ad hoc group of secured creditors in connection with the chapter 11 proceedings of Philadelphia Energy and related $100 million DIP financing.
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