Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continue its operations.
Houghton Mifflin Harcourt is an American publisher of textbooks, instructional technology materials, assessments, reference works, and fiction and non-fiction for both young readers and adults.
Dynegy Inc. was an electric company based in Houston, Texas, in the United States. It owned and operated a number of power stations in the U.S., all of which were natural gas-fueled or coal-fueled, until merging with Vistra Corp on April 9, 2018. The company is located at 601 Travis Street in Downtown Houston. The company was founded in 1984 as Natural Gas Clearinghouse. It was originally an energy brokerage, buying and selling natural gas supplies. It changed its name to NGC Corporation in 1995 after entering the electrical power generation business.
Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York stock exchange. Invesco operates under the Invesco, Trimark, Invesco Perpetual, WL Ross & Co and Powershares brand names.
Carpetright Limited is one of the largest British retailers of floor coverings and beds. The company is owned by Meditor.
Interserve is a British multinational construction business based in Reading, Berkshire. Before going into administration in 2019, the group generated revenue of £2.7 billion and had a workforce of 68,000 people worldwide in 2018.
Cerberus Capital Management, L.P. is an American private equity firm, specializing in distressed investing. The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia.
Interoute Communications Ltd was a privately held telecommunications company, that operated Europe's largest cloud services platform. On 23 February 2018, Interoute was acquired by GTT Communications for $2.3bn (€1.9bn); the acquisition closed on 31 May 2018.
Mechel is one of Russia's leading mining and metals companies, comprising producers of coal, iron ore in concentrate, steel, rolled steel products. Headquartered in Moscow, sells its products in Russia and overseas, and is formally known as Public Joint Stock Company Mechel.
Stephen Andrew Carter, Baron Carter of Barnes, CBE, is a Scottish businessman and politician. Starting his career as CEO of J Walter Thompson UK & Ireland and COO of NTL UK & Ireland, in 2003 Carter became the founding CEO of Ofcom in the United Kingdom. He was subsequently the group CEO of Brunswick Group from 2007 until 2008, when he stepped down to join the administration of Prime Minister Gordon Brown, Initially serving in 2008 as Brown's chief of strategy, principal advisor, and the Acting Downing Street Chief of Staff, he was the Minister for Communications, Technology and Broadcasting from 2008 to 2009. Between 2010 and 2013 he held various management positions at Alcatel-Lucent, and in 2013 he became the group CEO of Informa, an information and events company.
Melrose Industries plc is a British manufacturing company that specialises in buying, investing in, and divesting engineering companies. Its shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index. Melrose serves customers in the United Kingdom and United States.
China International Capital Corporation Limited is one of China's leading investment banking firms that engages in investment banking, securities, investment management, and other financial services primarily with institutional clients.
THG PLC, also known as The Hut Group, is a British e-commerce company headquartered at Manchester Airport, England. It operates over 100 international websites that takes brands direct to consumer through its proprietary e-commerce platform. As of 2015, THG's sales had predominantly been outside the UK.
McDermott International, Ltd is a global provider of engineering and construction solutions to the energy industry. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. Incorporated in Bermuda, it is headquartered in the Energy Corridor area of Houston, Texas.
Rhône Group is a global private equity firm, specializing in mergers and acquisitions, leveraged buyouts, recapitalizations, and partnerships with particular focus on European and trans-Atlantic investments. Rhône also offers financial advisory services, strategic alliances, joint partnerships, and business valuation services. Rhone Group was listed in 2013 to 2014 by Preqin as the 'Most Consistent Performing Private Equity Fund Manager' based on both its multiple and IRR of all 3 funds in the top quartile ranking.
Potok is a Russian investment and development company with the head-office in Moscow. Its activities include mixed-use development, construction, managing and selling of real estate in Moscow and abroad. The projects, which were previously under the control of the Mirax Group corporation, now are being developed by this brand.
Greenhill is an American investment bank founded in 1996 by Robert F. Greenhill. The firm provides advice on mergers, acquisitions, restructurings, financings, and capital raisings to leading corporations, partnerships, institutions and governments across a number of industries.
Anbang Insurance Group was a Chinese holding company whose subsidiaries mainly deal with insurance, banking, and financial services based in Beijing. As of February 2017, the company had assets worth more than CN¥1.9 trillion. The Financial Times has described Anbang as "one of China’s most politically connected companies."
Jonathan Faiman was one of the three founders of online grocery and technology business Ocado in 2000. He left the business in 2008, before the company floated on the London Stock Exchange. Faiman sold most of his shares in Ocado in 2010 at the time of its IPO for a reported value of £7 million. If owned in May 2020, the shares would have been worth over £500 million.
US$10 billion (2011)