Lenders to Platinum-Backed United Site Services Engage Akin

Some lenders to United Site Services are getting legal advice from Akin Gump Strauss Hauer & Feld less than a year after the portable toilet-rental company inked a debt restructuring, according to people with knowledge of the situation.

• The lender group is comprised of a small number of funds and holds more than half of the debt, said the people, who asked not to be identified discussing a private matter
• The company, which is owned by Tom Gores’ Platinum Equity, reported a 29% drop in second-quarter adjusted Ebitda to $40.1 million as revenue declined 11% to $222 million, ...