Debt Restructuring

We also advise distressed borrowers in connection with the restructuring of their loan and security packages. This work includes renegotiating the commercial terms so that they can meet their financial obligations.

Our advice covers the following areas:

• financial covenant waivers and reset
• alteration of repayment profiles including debt deferment or rescheduling
• new debt injection
• refinancing by new lenders
• recapitalisations
• debt for equity swaps
• security enhancement

We help clients before and after loan defaults and we’re often asked to provide advice to restructure lending facilities which will enable a turnaround and avoid the need for formal insolvency proceedings.

We’re also known for our work with debt assignments and the sale of underperforming loans whether that’s single loan facilities or portfolios of underperforming loans.

Over time our team has built a strong reputation in this area and our debt restructuring lawyers are experts in finance and insolvency matters.

If you need help in relation to a borrower in distress, when loans are not performing as well as expected or a debt restructure is required – we can help.