A restructuring plan completed earlier this year by Smile Telecoms notches up a number of firsts.
African telecommunications provider Smile Telecoms Holding Limited, incorporated in Mauritius, successfully completed a...more
Boards of struggling companies (and their auditors) must navigate choppy waters in terms of finalising their audited accounts in the midst of a global downturn.
The global downturn triggered by the COVID-19 pandemic...more
To raise new debt at a time of low liquidity, leveraged and other sub investment grade companies must navigate restrictions in loan and bond documents.
Many companies are seeking funding to survive the currently...more
Material adverse change provisions in credit agreements are under much heightened scrutiny in the current circumstances.
In the current environment, both corporates and their lenders are trying to assess a fast-moving...more
Recent changes in cross-border leveraged loan documentation requirements open up new possibilities for both borrowers and lenders.
Cross-border leveraged loan documentation has become increasingly permissive with respect...more
10/1/2015
/ Banking Sector ,
Bonds ,
Commercial Bankruptcy ,
Creditors ,
Cross-Border ,
Distressed Debt ,
EBITDA ,
EU ,
Financial Markets ,
Lenders ,
Leveraged Loans ,
Loan Documentation ,
Structured Financial Products ,
Third-Party ,
Third-Party Risk ,
UK