At Home Gets Court Approval for Financial Restructuring Plan

At Home Group received court approval for its financial restructuring plan, which will eliminate nearly $2 billion in funded debt and provide access to approximately $500 million under an asset-based loan.

• At Home will transition ownership to a group of its lenders, including funds affiliated with Redwood Capital Management,Farallon Capital Management, and Anchorage Capital Advisors, L.P
• Company will have a fully de-levered balance sheet and a more profitable operating model
• At Home will have new financial resources to invest in its strategic initiatives
• Expects to emerge from its court-supervised restructuring in the coming weeks

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