Jul 02

M.M DILLON & CO SERVES AS FINANCIAL ADVISOR TO CONSTAR INTERNATIONAL, INC IN RESTRUCTURING

M.M. Dillon & Co. (“Dillon”) was engaged as financial advisor to the Official Committee of Unsecured Creditors of Constar International, Inc. (“Constar” or the “Company”), which successfully confirmed a Plan of Reorganization and restructured aggregate liabilities of $500,000,000.

Dillon performed a comprehensive assessment and review of Constar’s pre-packaged plan of reorganization and business operations. Constar emerged from chapter 11 protection

About Constar International, Inc

Constar produces and sells polyethylene terephthalate plastic containers for food, beverage, and other consumer end-use applications in the United States, the United Kingdom, and Holland. Its products include bottles; preforms, which are test-tube shaped intermediate products in the bottle manufacturing process; and plastic closures.

About M.M. Dillon & Co.

M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.