corporate finance
Restructuring Mandate

  • Turn-arounds
  • Workouts
  • Debt restructuring / bank renegotiations
  • Non-strategic asset sales
  • Sale and leasebacks of real estate, etc.

Matlin Associates provides strategy and restructuring advise for companies in or at risk of financial distress and needing to refinance their debt obligations, increase liquidity or strengthen their balance sheets.

We are able to help shareholders and management through the process of working with creditors, developing business plans that demonstrate the viability of the company and the requirements for short to medium-term support. This work extends to managing debt-for-equity swaps, sale of non-strategic assets, sale and leasebacks of real estate etc.

Key Process Steps

  • Developing detailed financial model of company's cash generative capacity and analysis in relation to its debt service obligations.
  • Scenario analysis and elaboration of alternative proposal(s) to ensure the viability of the firm in the short / medium term.
  • Analysis of firm's current debt capital / creditor structure considering default risk, debt repayment triggers, covenants, waivers, etc.
  • Determining appropriate debt/capital structure for the firm based on realistic financial projections reflecting current and envisioned trading environment in the short / medium term.
  • Managing communications, presentations, negotiations with creditors and financial institutions.
  • Developing and implementing complementary and/or alternative solutions; debt for equity swaps, asset sales, sale/leasebacks of real estate/premises, incorporation of new partners / fresh equity.

Matlin Associates'
Capabilities and Role

  • Leadership and execution capacity as well as total independence from financial institutions.
  • Extensive experience in these types of processes.
  • Access to national and international investors (specialized funds, venture capital, private equity, family offices, real estate investors).
  • Ability to manage, communicate with and negotiate with all players: shareholders, banks and creditors, suppliers, lawyers, guarantors and other advisors.
  • Experience of Matlin Associates partners on evaluating credit risk / lending decisions from having worked in international financial institutions.