Global Eagle Entertainment in the restructuring as part of its Chapter 11 bankruptcy proceedings

  • Deal
  • April 22, 2021

J. Sagar Associates assisted and advised Global Eagle Entertainment Inc., a leading provider of media, content, connectivity and data analytics to diversified markets, in relation to the India law aspects of its global sale and restructuring process as part of its successful emergence from Chapter 11 bankruptcy proceedings.

The deal involved the sale of Global Eagle Entertainment’s India operations to a special purpose vehicle set up by the company’s first lien lender group (comprising of certain funds managed by affiliates of Apollo Global Management, Inc., Eaton Vance Management, Mudrick Capital Management, Crestline Investors, Inc., certain funds and accounts managed by Sound Point Capital Management, certain funds and accounts managed by Arbour Lane Capital Management, L.P., and certain funds and accounts under management by BlackRock Financial Management, Inc.).

JSA team comprised of Lead Partner – Sidharrth Shankar, Principal Associate – Shweta Gupta and Senior Associate – Dhruv Malhotra.