Stephanie Marshak

Stephanie Marshak is a Partner in the Capital Structure Solutions Practice. Based in New York, she counsels public and private companies, as well as hedge funds and private equity firms, on the full spectrum of debt-related matters, including in- and out-of-court restructurings, liability management exercises, special situations, leveraged and investment-grade bank and bond financings, and the debt aspects of acquisitions, divestitures and spinoffs. She also has a particular focus on advising clients in chapter 11 cases, including by developing and negotiating plans, plan support arrangements, DIP financings, exit financings, 363 sales and litigation trusts.

Notable experience prior to joining Simpson Thacher includes advising:

• Medical Properties Trust in its provision of debtor-in-possession financing and exit financing to chapter 11 debtor Prospect Medical Holding
• Abra as the largest creditor and majority shareholder in connection with Gol Airline’s chapter 11 proceedings
• Silver Lake as lead investor in the refinancing transactions and amended governance structure of Equinox
• An ad hoc group of lenders in connection with obtaining a controlling interest in TriMark through a financial restructuring and capital raise
• PREIT in its prepackaged chapter 11 bankruptcy proceedings
• An ad hoc group of lenders in connection with the Title III restructuring of PREPA
• Itaú Unibanco as the largest creditor in connection with the chapter 11 proceeding of Corp Group Banking
• Ad hoc group of lenders in connection with the chapter 11 case of Neiman Marcus
• An ad hoc group of lenders in connection with multiple distressed note exchanges of CNG Holdings, Inc.
• An ad hoc group of lenders in connection with new money financing and an uptier exchange of CURO
• Bausch Health in its section 363 acquisition of Synergy Pharmaceuticals
• Otis Worldwide Corporation in connection with over $15 billion of investment-grade USD, Euro and Yen bank and bond financings, including in connection with its spinoff from RTX Corporation and acquisition of Zardoya Otis
• RTX Corporation in connection with over $30 billion of investment-grade bank and bond financings
• Jazz Pharmaceuticals in its $5.85 billion of high yield secured bank and bond financings in connection with its acquisition of GW Pharmaceuticals
• Knife River Holding Company in its $625 million high-yield secured bank financing and $425 million high-yield unsecured bond financing, in connection with its spinoff from MDU Resources Inc. and the related debt-for-equity exchange
• Honeywell International Inc. in connection with its planned spin-off of Honeywell Aerospace Inc. and the related debt-for-debt exchange

Stephanie earned her J.D. from University of Michigan Law School in 2016, where she was Executive Notes Editor of the Michigan Journal of Race & Law and President of the Business Law Club. She earned her B.A., cum laude, from Brandeis University in 2010. She is admitted to practice in New York.