Reorganisations and Restructuring Flashcards
1
Q
when is a reorg / restructuring necessary?
A
when a company’s failing or on the verge of bankruptcy, they will go for either a reorg or restructuring with an IB
2
Q
what does a restructuring consist of?
A
selling off assets
issuing special securities such as convertible stock/bonds
sell the company entirely
3
Q
what does a reorganisation consist of?
A
change of management
change in strategy
change in focus
