Mackinac Partners

News & Insights

Mackinac Partners Announces the Consensual Restructuring of PlayPower

June 30, 2011

Mackinac Partners is pleased to announce the restructuring of PlayPower Holdings, Inc., the world’s largest, fully integrated manufacturer of commercial playground equipment and floating dock systems. PlayPower completed a consensual restructuring with its lenders to extend maturities and eliminate approximately $145 million of debt. In connection with the restructuring, the Company received $45 million in […]