Loan Workouts&debt For Equity Swaps: Framework For Successful

Description:
This title examines techniques for loan workouts and corporate rescue with a particular emphasis on international multi-lender loans. It offers the financier guidelines for best practice including forming a debt workout department, the entire restructuring process (with tips on information gathering, review, and proposal writing), and the debt restructuring (with information on inter-creditor provisions and other principal terms and conditions).

Table of Contents:
Foreword by David Wilson Havelock; INTRODUCTION AND BACKGROUND; Introduction; Loan Workouts: What They are and Why They are Needed; STRATEGY, PARTIES AND THE PROCESS; A Framework for Managing Non-Performing Loans; Organisation and Systems Relating to Non-Performing Loans; Managing Loan Workout Transactions; The Company; The Banks; Other Key Participants in Loan Workouts; External Advisors; A Framework for Executing Loan Workouts; Turning Around a Business; The Information Gathering and Review Process; Exploring Loan Workout Options; Evaluating Restructuring Options and Developing Proposals; Negotiating and Completing Transactions; THE MORATORIUM AND FINANCIAL RESTRUCTURING; Establishing a Moratorium; Financial Creditors Affected by a Moratorium; The Operation of Facilities in a Moratorium; The Concept of Loss-Sharing; Multi-Currency Considerations; Financial Restructuring; Inter-Creditor Provisions in a Financial Restructuring; Other Terms and Conditions; Introduction to Debt for Equity Swaps; Transaction Approach; Equity Instruments; Other Transaction Parameters; Other Technical Issues; CASE STUDY; Project Gloucester; Index.