Debt Restructuring – Borrower Representation
BroadSpan provides advisory services to public and private sector borrowers experiencing liquidity challenges and or other capital structure issues that may necessitate a debt restructuring process.
BroadSpan’s restructuring professionals bring a range of solutions to our borrower clients including comprehensive financial restructuring transactions ranging from voluntary out-of-court negotiations to a variety of Chapter 11 based processes but also including asset sale strategies and new capital raising. We advise our borrower clients in all aspects of restructuring negotiations with lenders, bondholders, trade creditors, and other stakeholders.
BroadSpan’s borrower representation services include the following:
- Review short-term cash flow projections as well as perform a comprehensive debt sustainability analysis.
- Lead negotiations on behalf of borrower, acting as a point of contact with creditors and their advisors.
- Assist in the negotiation of immediate forbearance agreements, waivers or amendments.
- Assess restructuring alternatives and make recommendations.
- Provide financial advisory services and valuation analyses related to overall enterprise value as well as collateral value.
- Assist in raising new capital, including debtor-in-possession financing.
- Together with legal counsel, define a clear and efficient process strategy.
- Advise on negotiation, structuring and solicitation of exchange offers.
- Provide expert testimony as required under the relevant Bankruptcy Code.
- Participate in all legal, exchange period and solicitation processes required for closing.