Global M&A Network announced the winners of the 9th Annual Turnaround Awards on Tuesday, April 4th. Headwaters MB was named a winner for Mining & Resources Restructuring Deal of the Year for advising Navajo Transitional Energy Company on a $115 Million Senior Secured Acquisition Financing for the Navajo Coal Mine.

Raymond McCormick, Managing Director at Headwaters MB commented, “securing senior debt in the coal industry today is a challenging task, but with the professionalism of NTEC management and management committee, a successful funding conclusion was obtained under very favorable terms and conditions.” Ricardo Campoy, Managing Director at Headwaters MB continued, “we are excited to have played a role in this growth story and look forward to seeing the Company grow and prosper providing significant wealth creation for the Navajo Nation and its people.”

To learn more about the Navajo transaction, click here.

About Global M&A Network
Global M&A Network is a diversified digital media and conference connecting company. The company produces the industry’s most coveted – The M&A ATLAS branded awards worldwide - from New York, Chicago, San Francisco, Hong Kong, Shanghai, Mumbai, to London. To learn more visit www.globalmanetwork.com.