Restructuring and Refinancing
When a facility no longer fits the business, we help you reset it with your lenders, before a missed test or a maturity becomes a crisis.
A credible plan, put to your lenders early.
Lenders respond to companies that come to them early with numbers they can trust and a plan they can approve. We prepare that plan with you, lead the conversation with your lenders and negotiate the amendment, the extension or the refinancing.
Our restructuring work covers bank, private credit and asset-based facilities. Where a refinancing out is the better answer, we run that process alongside the conversation with your current lender.
Resetting the debt you have
Covenant waivers and amendments
Headroom forecasts, the waiver request and the reset covenants that follow it.
Amend and extend
Pushing out a maturity with the current lender, on terms you can live with.
Refinancing a stressed facility
Moving to a lender with appetite for where the business is today.
Forbearance and lender negotiations
Time to fix the business, agreed in writing, with a plan the lender has signed up to.
Liquidity and bridge facilities
Short-term facilities that cover the gap while a longer-term solution closes.
Asset-based refinancing
Moving from a cash-flow loan to an asset-based facility to release liquidity.
From first warning sign to signed amendment
Assess
Cash flow and covenant headroom forecasts, so you know the problem before the lender does.
Plan
A credible plan and the ask: what you need, for how long, and what you offer in return.
Negotiate
We lead the lender conversation and test refinancing options in parallel.
Implement
Documentation with your counsel, then the reporting that keeps the lender on side.
Restructuring insights
Covenant Breach: What to Do Before You Tell Your Lender
A covenant breach usually shows up in the forecast a quarter or two before the test date. How you use that time shapes what the waiver or amendment ends up costing.
Amend and Extend vs. Refinance: Handling a Maturing Loan
When a loan or credit facility nears maturity, you can ask your lender to amend and extend it or refinance with someone new. This guide covers timing, typical terms and a simple way to compare the two.
Talk to us before the next covenant test.
A confidential first call on where you stand, what your lenders are likely to accept and what the alternatives are.
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