Pinnacle Towers, Inc.

Situation

Pinnacle Towers, Inc. (NASDAQ: BIGT), a 200 million dollar revenue provider of wireless communications space, was planning to file for Chapter 11 under the Bankruptcy Code to restructure their balance sheet.

Action

GGG worked with Pinnacle as their internal advisor in preparation for, and during, the pre-arranged bankruptcy proceedings to maximize returns to all parties.

Results

The syndicate of senior lenders received a full pay out as part of the plan reorganization approved by the Bankruptcy Court.

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