Gulf
Atlantic Capital Resolves Lender Syndicate Concerns Allowing Orderly Sale Process.
Miami, Florida
Financial Advisory Services
$130,000,000
Gulf Atlantic Capital acted as financial advisor and restructuring advisor to the Company.
Gulf
Atlantic Capital Negotiates Forbearance Agreement to Evaluate Restructuring Options.
Avteam’s senior lender syndicate was pursuing an aggressive loan repayment strategy after the Company faced continuing financial difficulties.
Prepared information for the lender syndicate to demonstrate the viability of pursuing an orderly wind-down of the parts business and orderly sale process for the MRO operations.
Negotiated forbearance agreement with the senior lender syndicate to stop foreclosure actions.
Developed weekly reporting package to comply with the senior lender syndicate’s demands for financial information.