Our Services
Macquarie specializes in providing financial and capital advisory services for clients facing a number of challenges.
Balance sheet restructurings
- Recapitalizations
Advising companies that are looking to address challenging capital structure situations which may require raising new capital and/or a renegotiation of existing debt instruments.
- Exchange Offers
Our restructuring advisory team has significant expertise in structuring debt for equity exchange transactions, designed to alleviate a Company's debt burden.
- Debt Modifications
Assisting companies in negotiating amendments on key terms to allow a Company to execute on its business plan.
- Forbearance Agreements
Assisting companies in negotiating with lender groups to delay any potential actions against the company as a result of a credit agreement default, with the objective of allowing additional time for the company to assess its strategic alternatives and find a viable solution.
- Rights Offerings
Macquarie has vast experience executing rights offerings, which have proven to be a valuable source of liquidity in distressed transactions.
- Chapter 11 restructurings, including pre-packaged and pre-arranged restructurings
Macquarie's professionals have played an active role as advisors in many of the largest US bankruptcy cases.
- Out-of-court restructurings
We believe that early interventions in distressed situations provide the best possible solutions. We can assist with negotiated restructuring solutions that are executed out-of-court, which avoid the costly and time consuming bankruptcy process as well as the unintended consequences to the company's operations.
Special situations capital raising
- Debtor-in-Possession Financing
Macquarie works with debtors in sourcing, structuring and negotiating DIP financing to achieve the three main objectives for these types of facilities: maximizing credit availability; maximizing flexibility to the company; and minimizing all-in costs.
- Exit Financing
Providing exit financing sourcing and execution by assisting the company in analyzing its debt capacity and assessing its funding needs to ensure a successful and sustainable exit from bankruptcy.
- Rescue Financing
Our team has extensive relationships with the distressed lending community and can rapidly assist its clients in arranging rescue/bridge financing in challenging situations.
- Refinancing
Assisting companies that are seeking to replace their existing debt instruments by sourcing the right funding from the right partner for each situation.
- Private Financings
Macquarie has a dedicated debt structuring team with extensive capabilities to execute private placement transactions.
Distressed M&A
- 363 Sales
Our professionals have extensive deal experience in advising both buyers and sellers in 363 sale transactions. Our expertise covers areas such as the valuation of the Company or target, negotiation of stalking horse bids, structuring of the sale transaction and designing bidding strategies for 363 sale auctions.
- Complex Divestitures
Assisting companies in identifying assets to be divested and helping them structure and execute the transactions to maximize value and minimize execution risk.
- Stalking Horse Transactions
Macquarie's vast global transaction experience provides a key advantage when advising buyers and sellers in structuring stalking horse agreements.
- Credit Bid Acquisitions
Representing lenders who see potential upside in the borrower's business in structuring and executing credit bids, which can prevent a sale transaction that would only generate proceeds at liquidation levels and only partially repay the debt outstanding.
Strategic Alternatives Assessment
- Transaction Optimality Determination
Assisting companies in carefully evaluating all potential strategic alternatives and selecting the one that maximizes value to the parties involved.
- Business Plan Assessment
Macquarie's deep industry expertise allows our professionals to provide significant value to our clients when assessing proposed business plans by challenging major assumptions and focusing on the key value drivers of the business.
- Liquidity Forecasting
In an environment where cash is king, our team understands the benefits of accurate and timely liquidity forecasting and reporting, a necessary tool in evaluating and solving distressed situations.
- Managerial Metrics
Our professionals team up with Macquarie's industry specialists to evaluate and benchmark key operational metrics in our clients' businesses as a precursor to the evaluation of potential strategic transactions.
Further Information
Restructuring Advisory team biographies and contact details
Selected Restructuring and Special Situations experience
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