Restructuring & Special Situations
We assist clients worldwide with overcoming major financial challenges, in often difficult and unique circumstances. Our team offers independent restructuring & special situations advisory services to companies, governments, boards, shareholders, creditors and other stakeholders, providing senior-level attention and sophisticated solutions. Abadi & Co. professionals have advised on restructuring transactions worth many billions of dollars and possess deep technical and analytical skills, enabling them to provide high-value solutions to complex capital structure issues.
A pioneer in the emerging markets asset class, with involvement in every major international debt crisis of the past three decades, our CEO—Carlos Abadi—has engineered Abadi & Co. to be especially well- equipped in volatile and distressed situations. We thrive on finding solutions during a company’s most challenging times, and our team has worked on many large, complex restructurings, including landmark transactions such as the 2013 chapter 11 reorganization of Newland International Properties (Trump Ocean Club Panama’s developer)—the first pre-packaged chapter 11 debt restructuring in Latin America and the first U.S. chapter 11 reorganization by a Central American issuer. In addition to offering decades of restructuring experience and knowledge, through our global relationships we provide access to key debt and equity finance sources.
The Abadi & Co. team assists clients with:
- Capital structure evaluation
- Debt capacity analysis
- Business plan review and creditor communication
- Negotiating debt covenant waivers, amendments and maturity extensions
- Structuring exchange/tender offers and consent solicitations
- Structuring debt and equity issues
- Distressed sales or divestitures
- Prepackaged/prearranged chapter 11 restructurings
- Traditional chapter 11 restructurings
- Valuation and expert testimony
- DIP financing
Our team advises debtors both inside and outside of formal bankruptcy, assessing all available restructuring options and working with relevant stakeholders in order to swiftly develop and implement a viable restructuring plan.
We advise creditors and committees of distressed companies, helping to ensure an optimal outcome which protects our client’s interests and maximizes their returns.
Our Team’s Restructuring & Special Situations Work
- Refco (USA)
- Chapter 11 (US$49bn)
- Advisor to Litigation Trust and Private Actions Trust (Ongoing)
- Minera Autlan (Mexico)
- Covenant Renegotiation (US$80m)
- Financial Advisor 2015
- Newland International Properties (Panama)
- Chapter 11 (US$220m)
- Plan Solicitation Agent 2013
- Allied Irish Bank
- Settlement Negotiation (Sub Liabilities Order) (EUR€10.4m)
- Principal Investor/Lead Negotiator
- Province of Mendoza (Argentina)
- Debt Restructuring (US$500m)
- Advisor/Restructuring Agent 2005
- Vnesheconombank (Russia)
- Debt Restructuring (US$31.7bn)
- Joint Advisor to Russian Federation London Club debt 2000
Debt & Equity Capital Markets
Our debt & equity capital markets advisory services are a core offering of our business and leverage our team’s extensive experience within this field. We are particularly well-known for debt & equity capital markets work which relates to financial institutions, emerging markets or restructuring & special situations. We advise companies, governments and financial institutions on a full-range of debt and equity transactions, both public and private. Our team analyses each client’s alternatives in order to develop an optimal financing solution specifically catering to their unique circumstances. Where necessary, we develop groundbreaking and first-of-their-kind transactions to ensure our client’s objectives are met. We deliver impartial advice to our clients regarding the best financing option that provides optimal terms and pricing.
Mergers & Acquisitions
We advise buy-side and sell-side clients from around the world on mergers, acquisitions and divestures. These clients value our specialized expertise in transactions which touch upon emerging markets, financial institutions or restructuring & special situations. Our experienced team has extensive cross-border experience and advises on a wide-range of transactions, including highly-complex deals which utilize our team’s sophisticated structuring capabilities. Our boutique model ensures that we are unencumbered by many of the conflicts of interest faced by larger firms. We assist sell-side and buy-side clients with evaluating all courses of action. We also provide special advisory services to boards and other stakeholders.