It means the reorganization of a company’s outstanding obligations that is often achieved by reducing the burden of the debts on the company by decreasing the interest obligations and increasing the time in which the company has to pay the obligation back. This allows a company to increase its ability to meet the obligations.
The need for a corporate debt restructuring often arises when a company is going through financial hardship and is having difficulty in meeting its obligations.
We offer a broad range of services that are custom-made to your situation and to help you evaluate opportunities along with the most effective restructuring plan.
