Kramer Levin represented Advanced Lighting Technologies Inc., a manufacturer of lighting materials and finished lighting products, in the exchange of $164.63 million aggregate principal amount of its 10.50% Senior Secured Notes due 2019 for $173.27 million aggregate principal amount of 12.50% Senior Secured PIK Notes due 2019 and shares of its Series C Preferred Stock.

The Kramer Levin team was led by Leveraged Finance partner Richard E. Farley, Corporate partner Christopher S. Auguste, and Banking and Finance partner David J. Fisher and included Banking and Finance associates Jenny R. Leon and Daksha Bhatia. The team also included Tax partner Barry Herzog and associate Rita C. Celebrezze.