Services > Investment Banking Advisory > Financial Restructuring
Avista has a proven and enviable track record in financial restructuring for companies across a spectrum of industries and sizes. Avista contributes its capital structuring expertise and relationships with the lenders and investors to help distressed companies tide over financial challenges. In such transactions, in addition to working with corporates, Avista has successfully worked with various other stakeholders such as banks, bi-lateral/multi-lateral financial institutions (FIs), special situation investors, etc.
Avista works closely with Indian corporates as well as their overseas affiliates or subsidiaries to advise them on restructuring of both domestic and foreign debt. The holistic solution could include distressed M & A, asset monetisation, mezzanine and special situation financing, recapitalization or financial liabilities restructuring. As a part of the solution, Avista also manages inter-creditor dynamics, thereby facilitating a comprehensive and acceptable solution based on equitable distribution of available security and cash flow waterfall in a restructuring scenario.
Banks and FIs
Avista assists banks and other lenders on restructuring their stressed loan portfolios either in the form of rework of individual loans or through asset sales. In fact, in a number of transactions, Avista has been brought on-board by banks/lenders/creditors.
Special Situation Investors
Avista works closely with investors, such as Asset Reconstruction Companies, Credit Funds, Stressed Asset funds and other Special Situation Investors who provide workout finance for companies having inherently strong businesses but are under temporary stress and short/medium term liquidity mismatch.
Working seamlessly with our colleagues in Houlihan Lokey, Avista brings to Financial Restructuring transactions, a unique mix of global industry knowledge, constructive dialogue with creditors, access to new investors with the right appetite and various restructuring structures which have been successfully implemented across the world.