Financial turnaround / debt restructuring
Cash is king!
This rule from the English-speaking financial world is particularly relevant to acute restructuring situations. Critically important therefore is the issue of financial restructuring, which often needs to be resolved before a company’s strategic and operational turnaround can go ahead.
The main focus is on the company’s ability to finance itself. This is why so much priority is given to reducing working capital (stock levels and receivables / payables associated with supplies and services) with a view to protecting liquidity in the short term.
At the same time the company needs to have sufficient financial resources to finance the operational and strategic restructuring. Helbling Business Advisors uses the financing concept or business plan which has been devised to support its clients in their negotiations with lenders and investors concerning payment and financing conditions. We look at the options for (state) guarantees and aid. Depending on the equity or debt situation we restructure liabilities and can even arrange ‘haircuts’ or what is known as complete debt restructuring.
Given their experience of banking and risk management employees of Helbling Business Advisors are much in demand and very acceptable as project partners to lenders, investors, and collaborative partners.
Selected references / Further references
Machinery manufacturing company (EUR 110 million, 740 employees)
Devising a restructuring concept; strategy; financial / liquidity planning, implementation, reporting, project controlling Supporting the sale of company segments more