The Petrofac group, a leading international service provider to the energy and infrastructure industries, has successfully obtained an order sanctioning two inter-conditional restructuring plans (Plans). We explore here the...more
The majority of all 2023 EMEA restructurings involving an equitisation and/or a maturity extension required the provision of new money. While equitisation can solve for an over-leveraged capital structure, and maturity...more
9/11/2024
/ Capital Structures ,
Compensation ,
Creditors ,
EMEA ,
Fees ,
Incentives ,
Liquidity ,
Negotiations ,
Restructuring ,
UK ,
Underwriting