After 14 months of wrangling, and three sets of proposals for restructuring £2.3bn of securitised debt, pub landlord Punch Taverns still couldn't come up with an agreed deal with its bondholders.
This multiplication shows the following results (see Fig. 1): staff shortages (220.09), acute loss of personnel following a pandemic (176.67), damage to reputation (168.55), insufficient communication during restructuring (140.72), bullying (132.97), and misuse of drugs (115.75).
In November last year, he announced plans to sell or restructure 35 poorly performing businesses.
He is turning his attention to Telewest as it seeks to restructure £5.3 billion, or about $8 billion, in debt.
Endemol has been labouring to restructure €2.8bn in loans after being unable to meet its banking covenants.
Almanza announced plans to sell or restructure 35 poorly performing businesses, which generated around £400m of G4S's £7.3bn revenue last year and have lower profit margins than the rest of the group.
The school board has also restructured 10 of its 29 elementary schools to add Grades 6 to 8, which has cut the size of its troubled middle schools, and kept students in the smaller schools they have grown up in.
It restructured 15 mortgage-backed issues from its housing authority into just 3, sweetening the deal by shouldering prepayment risk.
By 2004 KCP Capital, Tuzman's holding company, had turned around or restructured 15 companies, mainly tech-bust refugees, collectively saddled at one point with roughly $180 million in debt.
Although the specifics vary by country setting, these have often included pressures towards marketization of health services [ 4], civil service restructuring [ 5], decentralization [ 6, 7] and an overall trend towards increasing geographical and socioeconomic disparities in many countries.
