Gulf
Atlantic Capital Provides Operational Restructuring and Capital Sourcing Services for Textile Manufacturer.
LaGrange, Georgia
Financial Advisory Services
$77,500,000
Gulf Atlantic Capital acted as financial advisor to the Company to develop and imlement a comprehensive financial and operational restructuring plan.
Gulf
Atlantic Capital Provides Operational Restructuring and Capital Sourcing Services for Textile Manufacturer.
Gulf Atlantic Capital was retained by Kleen Tex Industries to evaluate the Company’s operations and assist the Company in refinancing its term debt and working capital loans.
Developed an operational assessment of the Company and presented the analysis along with specific recommendations for restructuring operations to the Company’s board of directors.
Negotiated a forbearance agreement with the Company’s lenders to give the Company the time needed to implement the operational changes.
Refinanced the Company’s operations, including a combination of industrial revenue bonds, term debt and working capital financing.
