Project Info
Project Description
Debt Restructuring and Financial Model Development: Project Description
Debt restructuring is a process that allows a private or public company, facing cash flow problems and financial distress to reduce and renegotiate its unpaid debts in order to improve or restore liquidity so that it can continue its operations.
Debt restructuring is beneficial to the person or company requesting it because it often results in a significant discount and/or a more flexible repayment schedule.
The client had outstanding loan facilities being held by the Asset Management Company of Nigeria (‘AMCON’) and seeking to restructure the outstanding facility under more favorable terms;
Brickstone was responsible for the development of a financial model which was used as a basis for negotiating the restructure of the AMCON.