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Cases · Business & ownership · Restructuring, insolvency & business recovery

Refinance or restructure investment debt

Our investment can't meet its debt payments. What are our options?

WONE Global coordinates restructuring counsel and advisers in each country involved, negotiates with lenders and implements the agreed terms.

Countries in the typical case Germany · Poland · Czech Republic

The situation

What is happening

A portfolio company or holding vehicle cannot meet its debt terms.

What is at stake

Default can let lenders take control of the company or push it into insolvency.

Who faces this

  • Corporations
  • Mid-sized companies

A scenario

Real estate holding companyCorporation · from Germany · in Poland, Czech Republic

It faces a covenant breach on a cross-border loan.

Where it ends Lenders kept on side.

A representative scenario of the work WONE Global coordinates, not a specific client’s matter.

Also asked as “Debt restructuring abroad”“Lender enforcing security on our company”“Our business cannot meet its upcoming debt payments”“Our loan covenant has been breached”“Our credit facility needs restructuring before maturity”

The solution

How WONE Global handles it

WONE Global coordinates restructuring counsel and advisers in each country involved, negotiates with lenders and implements the agreed terms.

Usually led by Banking and capital, with Treasury and funding, Buying, selling and investing and Contracts and commercial law.

Step by step, in the scenario

  1. Week 1Position reviewed.
  2. Week 2Lender talks.
  3. Weeks 3-8Restructuring agreed.
  4. ThenImplemented.

Timings are typical. They depend on the countries, the authorities involved and how quickly documents are available.

Decisions

The decisions involved

  1. 01Waiver, amendment, refinancing or restructuring
  2. 02Insolvency risks for directors in each country
  3. 03Lender negotiation strategy

Outcomes

What you receive

  • A restructuring plan
  • Amended or refinanced debt
  • Director duties managed in each country

This is a general guide. Your WONE Global professional confirms the work, timing and fees for your markets before anything starts.

Who handles it

Banking and capital, market by market

The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.

  1. Czech Republicin the typical case On request Availability confirmed before any work begins Bring a requirement →
  2. Germanyin the typical case On request Availability confirmed before any work begins Bring a requirement →
  3. Polandin the typical case On request Availability confirmed before any work begins Bring a requirement →
  4. India On request Availability confirmed before any work begins Bring a requirement →
  5. Saudi Arabia On request Availability confirmed before any work begins Bring a requirement →
  6. Singapore On request Availability confirmed before any work begins Bring a requirement →
  7. United Arab Emirates On request Availability confirmed before any work begins Bring a requirement →
  8. United Kingdom On request Availability confirmed before any work begins Bring a requirement →
  9. United States On request Availability confirmed before any work begins Bring a requirement →

Other markets: WONE Global covers 100 countries. Name yours in the requirement →

Roberto GilardinoShanghai · China

WONE Global Capability Partner · China

Roberto Gilardino

Regional Partner North Asia & additional countries · Horizons (Shanghai) Corporate Advisory Company · Shanghai

Roberto Gilardino is Regional Partner at Horizons, supervising the advisory’s activities in North Asia as well as additional countries (including Mongolia, Malaysia, Indonesia, Pakistan, UAE, Cyprus and Malta).

Katherin Diaz VelillaBogotá · Colombia

WONE Global Capability Partner · Colombia

Katherin Diaz Velilla

Complete profile

Co-Founder · V&V Associates · Bogotá

International tax attorney and strategic advisor with 12+ years across Colombia's DIAN, Ministry of Finance, Senate, Presidency, and EY. Co-founder of V&V Asociados. Specializes in cross-border tax structuring, transfer…

Ulrike Berner, MBAMunich · Germany

WONE Global Capability Partner · Germany

Ulrike Berner, MBA

Managing Partner · BSP Berner Schaeffler & Partners GmbH · Munich

Ulrike Berner has been Managing Director and shareholder of BSP since 2021, leading the strategic direction, client relationships, and business development of the firm. She has extensive experience working with firms an…

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