Businesses that want to raise debt finance, refinance, or obtain waivers and amendments to existing finance arrangements, can face an unpredictable response from their lenders, even if their banking relationships have historically been strong.
From family owned businesses to multinational corporations, we have considerable experience helping companies in financial distress. Whether it’s dealing with the demands placed on them by their lenders, or coordinating and negotiating on their behalf with creditor groups, the ultimate objective is always to reach a workable solution with all concerned parties.
We work with management to deal with financial underperformance by stabilising the business, managing key stakeholder relationships and building a strong platform for the future. We can help you to focus on your working capital cycle to maximise liquidity and free cash flow.
We can introduce experienced turnaround professionals to take on executive or advisory roles, such as non-executive directors, advisors/mentors to boards and operations.
When listed companies are experiencing financial difficulties and their shares are suspended from trading on the Hong Kong Stock Exchange, we can assist in the process for resumption of trading. We do this by taking them carefully through the requirements of the Securities and Futures Commission and the Hong Kong Stock Exchange, sourcing potential investors and taking a hands-on role should a formal insolvency proceeding such as Provisional Liquidation or Scheme of Arrangement be required.
Mainland China and Hong Kong Restructuring & Insolvency Leader, PwC Hong Kong
Tel: +[852] 2289 5010