United Kingdom

Financial Restructuring 

We work with both corporates and stakeholders at a time of intense pressure, to deliver a thorough advisory service throughout the financial restructuring process. We offer our clients the financial advice they need and have extensive contacts and relationships with providers of finance to stressed companies. We also work with stakeholders to assist them in developing and implementing their strategies in respect of underperforming investments or borrowers.

What's on your mind?

 

  • High borrowings compared with ability to generate cash.
  • Risk of breach of banking covenants or borrowing limits.
  • Poor banking relationships.
  • Facilities due for renewal, against unfavourable market conditions or poor trading performance.
  • Deteriorating cash flow performance.
  • These issues may lead to a need to reconfigure the balance sheet.

 

Bringing you peace of mind

 

  • A wide- ranging advisory service throughout a financial restructuring process.
  • Preliminary assessment.
  • Liquidity and working capital management as needed.
  • Development of robust operational and financial plans
  • Sourcing interim executives.
  • Strategic financial advice/advice on alternative financing options.
  • Communications with key stakeholders and debt negotiations/refinancing.
  • Contingency planning.

 

What's in it for you?

 

  • An integrated service, which helps clients through the financial restructuring process - led by experienced KPMG people used to working in this environment.

 

Why KPMG?

 

  • We can offer our clients the financial advice they need at a time of intense pressure, in comparison to a number of investment banks who can only provide limited advice.
  • We have extensive contacts and relationships with providers of finance to stressed companies - meaning that we understand the mindset both of existing lenders to a company and the requirements of potential new finance providers.
  • Where appropriate, we can introduce Chief Restructuring Officers to situations to provide executive support to management teams through the process:  this is a key service that very few other market participants can offer.

 

Recent Financial Restructuring credentials

 

  • Project Clay – Lender advisory services to a private equity backed French building products manufacturer. Total debt £0.9 billion
  • Project Hemisphere – Lender advisory services to a private equity owned international oil and gas business. Total debt £2.1 billion
  • Project Lynx – Lender advisory services to a UAE based sovereign wealth backed conglomerate with global assets covering real estate, shipping, logistics and private equity. Total debt US$15 billion
  • Project Ocelot – Lender advisory services to a global ship and rig building company. Total debt £1.2 billion
  • Project Puma – Lender advisory services to a private equity backed leading pan-European stone wool producer based in Finland. Total debt £0.6 billion
  • Project Staunton - Lender advisory services to one of Europe’s largest operators of vending machines. Total debt £0.8 billion.
  • Project Stella – Lender advisory services to a Swedish producer of steel products. Total debt £0.6 billion
  • Project Suitcase – Lender advisory services to a private equity owned global gaming and leisure business. Total debt £2.5 billion
  • Project Sunflower - Lender advisory services to a private equity backed German consumer products business. Total debt £0.9 billion
  • Project Vienna – Lender advisory services to a large upstream generation and downstream supply power business based in the UK and the Republic of Ireland. Total debt £2 billion