Gulf
Atlantic Capital Facilitates Cross Border Restructuring and Recapitalization.
Toronto, Ontario
$12,000,000
Gulf Atlantic
Capital acted as financial advisor to the senior lender in evaluating the operations and collateral position of the debtor.
Gulf
Atlantic Capital Facilitates
Cross Border Restructuring and
Recapitalization.
Gulf Atlantic Capital was retained to assist in developing and implementing a restructuring plan for an OEM parts manufacturer with operations in the US and Canada.
Assisted the Company’s lender in understanding Carter Group’s operations and evaluating their collateral base.
Assisted the Company in developing a restructured business model, including assisting in renegotiating supply agreements with Delphi and Halla.
Assisted the Company in securing new financing, including senior and subordinated debt.
Negotiated a settlement with the existing senior lender, allowing the Company to emerge from its Canadian Bankruptcy and Insolvency Act proceeding.
