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Restructuring · Financial Services

Liquidity stabilisation for a specialty lender

Fourteen weeks from covenant breach to a fully refinanced balance sheet.

A confidential brief covering the engagement, our playbook and how to reach us.

Client
Non-bank lender, $8B loan book
Region
North America
Year
2025
Duration
14 weeks

$8B

Loan book stabilised

3 yrs

Maturity extension

0%

Equity dilution

14

Weeks to close

Three warehouse facilities matured within a hundred days of one another. Two lenders had already issued reservation-of-rights letters.

Management had no thirteen-week cash view, and the board was receiving conflicting recovery estimates.

If this were your situation

How we would act in your favour.

No two mandates are alike, and we would not pretend otherwise. But the way we work in restructuring does not change. Here is what you could expect from us, in plain terms.

In a liquidity situation, the first casualty is agreement on the facts. We would install a daily cash view quickly and make it the only version anyone works from — yours, your lenders' and your board's.

Restructuring & Liquidity

Under liquidity or covenant pressure?

Early conversations are confidential and cost you nothing but an hour. The sooner we see the position, the more options remain open to you.

Request an urgent conversation

Your message reaches the partners who led this engagement. Confidential, with no obligation to proceed.

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