Reid Snellenbarger

Reid Snellenbarger is a shareholder and managing director of Houlihan Lokey in Chicago and a senior member of the firm’s Financial Restructuring Group. For more than two decades, he has specialized in assisting companies, lenders, creditors and investors in unique and stressed situations. Mr. Snellen-barger’s experience includes conducting acquisitions and divestitures of unique and special-situation as-sets, raising various forms of capital, and negotiations relating to the restructuring of private and public securities, both in chapter 11 and in out-of-court situations for large public and private companies. He recently advised Briggs and Stratton on the sale of the company and raising third-party DIP financing in chapter 11, Shiloh Automotive on its sale in chapter 11, Ditech Mortgage on its sale in chapter 11,Walter Investments on its restructuring in chapter 11, TPG Mortgage REIT and MFA on their respective capital-raises, Mortgage Contract Servicing on its fully consensual out-of-court restructuring, the senior lenders in Jason Industries, Gawker Media Group on its asset sale and raising third-party DIP financing in chapter 11, Canyons Ski Resort in Park City on its out-of-court restructuring, Phoenix Brands andTactical Holdings on the sale of their assets in chapter 11, Prospect Mortgage on its discounted bond tender process, an ad hoc group of bondholders of Residential Capital in its chapter 11 case, and the OpCodebt holders of Kerzner International in an out-of-court restructuring. Mr. Snellenbarger has served on Houlihan Lokey’s Valuation and Technical Standards Committee, is a member of ABI and the Turn-around Management Association, and serves on the board of directors of the Make-A-Wish Foundation of Illinois. He received his B.S. in finance with distinction from Purdue University.