Blackstone was retained by Comcast Corporation to assist Comcast in formulating a joint proposal with Time Warner to acquire substantially all of Adelphia’s cable assets

Blackstone advised the Company on its out-of-court restructuring of $1,015 million of liabilities

Blackstone advised C-BASS on sale of Litton Loan Servicing LP subsidiary and successfully restructured approximately $4 billion of liabilities, all within two months of retention

Blackstone advised Delta in its successful reorganization under Chapter 11, restructuring over $9 billion of net debt and lease obligations

Was retained in 2001 to help navigate the firm through one of the largest and most complex bankruptcies in history

Blackstone acted as financial advisor to Ford in its efforts to negotiate, structure and fund a Voluntary Employees’ Beneficiary Association (VEBA) trust to eliminate approximately $24 billion of liabilities related to current and future post-employment healthcare (OPEB) benefits for the United Autoworkers (UAW) union

Advised Global Crossing during its Chapter 11 proceedings and negotiated the sale of a 61.5% equity interest to Singapore Technologies Telemedia, its more recent recapitalization and debt for equity swap with STT, its sale of its Small Business Group to Matrix Telecom, and its acquisition of IMPSAT Fiber Networks.

Advised Klockner Pentaplast on its debt buyback

Blackstone advised the primary debt holder in one of Europe’s most complex restructurings

Blackstone acted as advisor to Mirant in its Chapter 11 restructuring

Blackstone advised Northern Rock on a range of strategic options and developed a restructuring plan used under public ownership

Advised Bondholders on a $495 million restructuring

Blackstone was retained to assist in the restructuring of the company’s $5.8 billion outstanding debt – one of the fastest and most successful restructurings in the sector

Blackstone advised Winn-Dixie in its Chapter 11 proceeding, which was named the 2007 Mega Company Turnaround of the Year by the Turnaround Management Association

Blackstone was retained in 2000 to assist Xerox in addressing liquidity issues and to carry out a restructuring and recapitalization of the firm