Matthew helped enormously with practical advice and support on planning, negotiating with creditors and ultimately overcoming the financial difficulties.
Marcus Idle, Oxford Web
Areas of operation:
A private equity-owned company with operations in the UK, Holland and Sweden had an opportunity to refinance €215 million of senior debt and PIK notes. The debt markets were tightening rapidly and time was of the essence. BM&T Principals worked with management to quickly organise a data room for the reporting accountants and handled all day to day enquires throughout due diligence. Late in this accelerated process the company’s lawyers advised that a Financial Assistance Whitewash was required. The reporting accountants estimated it would take three weeks minimum. BM&T Principals gathered all the necessary data, created a fully integrated financial model and the reporting accountants were able to sign off in five days.
Notes, insights and reflections from Matthew, one of our directors and turnaround experts, as he works with companies during Lockdown.