He specializes in recapitalizations and debt financings, as well as choosing stocks for good growth potential.
I expect higher volume of deals in the next few quarters, but also a surge in recapitalizations.
At Times Mirror the Chandler family got favorable treatment in 1995 in a recapitalization: Only family holders were entitled to a special class of preferred shares paying a fat dividend.
Under the JPMorgan plan, Technicolor would receive about 158 million euros, or $197 million, if all shareholders participate in the recapitalization.
The figure represents about €50 billion in bank recapitalization and €40 billion worth of liabilities at the asset agency.
Carmen M. Reinhart: European banks will, most likely, require further assistance from their respective governments in the recapitalization process.
The European Financial Stability Facility looks destined to gain a more important role, financing the buyback of bonds, and possibly the extension of credit lines or help in bank recapitalization.
As an affiliate of the Carlyle Group struggled Thursday with missed margin calls, DealBook presents this nomination for the quote of the day: "Private equity is going to have a role to play in the recapitalization and restructuring of this industry".
European Union governments have handed over about €3 trillion, or $4.2 trillion, in guarantees, recapitalization and other funds to their financial institutions since the start of the crisis, according to commission figures.
Alitalia, which is not publicly traded, said late Wednesday that it had extended a Thursday deadline by two weeks, to Nov. 27, for shareholders to commit to participating in the recapitalization plan.
