Chief Restructuring Officer Panel with AEG on June 29
Craig Dean, Managing Principal of AEG, will be a panelist at the upcoming Turnaround Management Association event “The Inside Story of a Chief Restructuring Officer (CRO)”. Joining Craig will be other top leaders within the turnaround industry. Their discussion will provide an in-depth description of a CRO’s role in helping distressed companies as well as explore a variety of issues facing a CRO when stepping into these challenging situations. This virtual event will be held on Tuesday, June 29 at 4:00 pm (CST). Registration can be found on the TMA website at: https://online.turnaround.org/tmassa/evtssareg.custid?p_event_id=7257
AEG Leads Restructuring of Food Service Operator
AEG Partners was recently retained by a senior lender group to assist in the restructuring of an operator in the food service sector. Facing a sharp decline in revenues due to COVID 19 combined with needed capital investment to meet the market requirements of its customers, the Company had a severe liquidity crisis looming. Working with management and the capital constituents, AEG led the negotiation of a consensus driven out-of-court restructuring, attracting new financial commitments from both the private equity sponsor and the senior lender to allow the Company to manage through this challenging period.
