Europe awards: restructuring

Author: | Published: 18 Mar 2010

Restructuring deals of the year

L-R: Simon Crompton of IFLR, Stephen Griffin of Linklaters, Richard Tett of Freshfields Bruckhaus Deringer, Okko Behrends of Allen & Overy

WINNER:McCarthy & Stone

The McCarthy & Stone restructuring was highly complex and one of the first restructurings of the post-Lehman downturn. Firms had to develop new solutions to unlock the complex financial structures created over the previous three to five years.

As one of the first leveraged buyout restructurings and one of the most complex in this downturn, the market has looked to McCarthy & Stone as a precedent.

It has already been mirrored and used as the template for other deals, such as the IMO Carwash restructuring.

Freshfields Bruckhaus Deringer - McCarthy & Stone
Linklaters - senior lenders
Allen & Overy - mezzanine steering committee


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