Refinancing: Grow stronger
When you need financing, traditional lenders aren’t always the answer. And if you want the best possible terms, it can be more complicated than signing on the dotted line. We help our clients ask and answer common questions, including:
- Are there better interest rates available for my company size?
- Is my amortization schedule appropriate, given my cash flow needs?
- How do my advance rates on A/R and inventory compare to what’s available?
- How can I get more flexibility, to better finance seasonal sales?
- How can I finance growth opportunities?
- Can I obtain debt that I don’t personally have to guarantee?
NATIONWIDE NETWORKING
In addition to traditional commercial banks, we connect our clients to asset-based lenders, foreign banks lending in the U.S., non-bank finance companies, hedge funds focused on lending, mezzanine (subordinated debt) lenders, second-lien lenders, and unitranche lenders. In other words: you’ve got options.
We help obtain financing for purposes including:
- Permanent working capital
- Capital expenditures
- Growth capital
- Mergers and acquisitions
- Refinancing and recapitalizations
- Leveraged and management buyouts
- Shareholder monetization and liquidity
- Dividend recapitalization
Assesssment, Analysis And Liquidity Management
Our team evaluates external and internal factors impacting company performance, cash flow and the ability to service debt obligations.
- Cash flow management and forecasting, liquidity enhancement initiatives and working capital management
- Viability assessment, including short-term and long-term liquidity issues
- Forensic accounting, quality of earnings, collateral assessment
- Operational assessment: SWOT, positioning, pricing
Capital Markets: Divestitures And Acquisitions, Securing Alternative Capital, Loan Amendments And Covenant Resets
We help restructure existing loans and source alternative capital from our broad network of private equity firms, hedge funds, asset-based lenders, business development companies, mezzanine lenders, family offices and commercial banks.
- Loan modifications, covenant resets and negotiating near-term waivers and/or forbearance agreements
- Development of optimal senior debt, junior debt and equity capital structure for current situation
- Establishment of valuation metrics; ratio analyses
- Refinancing existing debt with alternative forms of debt and equity capital
- Negotiation of financing terms and assistance in due diligence and closing
- Full company sell-side M&A, both in- and out-of-court, including 363 sales
Turnaround Management
We re-establish credibility and communication between the company and its constituencies and develop and implement a plan to improve cash flow and restore earnings.
- Interim Executive Management/Chief Restructuring Officer
- Hands-on financial, operational and strategic assistance to senior management
- Restructuring and reorganization
- Debtor and creditor advisory, both in- and out-of-court
- Fiduciary Management, including Trustee, Receiver and Board Advisory
Operational Turnaround/Performance Improvement
We drive long-term improvement through operational change and efficiency.
- Footprint rationalization/plant consolidation
- Operational cost reduction/lean operations
- Workflow and performance management and improvement
REPRESENTATIVE TRANSACTIONS
We’ve helped a wide range of clients navigate the debt financing, refinancing and restructuring process. The following transactions were completed by our professionals at FourBridges or predecessor firms.
Debtor-side engagement to assist in the restructuring of senior notes in exchange for equity and new senior securities.
Rendered a retrospective solvency opinion with respect to its buyout and subsequent chapter 11 proceedings.
Reseller of wireless services in the U.S. and Puerto Rico.
Restructured approximately $255 million in unsecured liabilities.
Assets purchased by Nextel out of bankruptcy in a 363 auction process.
Represented unsecured creditor committee.
Restructuring/sale of $450 million plastics manufacturer
Sale of company under Section 363 Bankruptcy Code
Debt financing/acquistion advisory for purchase of $650 million flour milling company
Senior debt financing in the automotive accessories manufacturing sector
Acquisition closed on a $25 million line of credit
