Chief Restructuring Officer, Court Supervised Restructuring (PKPU)

Independent Financial Adviser to a group of onshore and offshore senior lenders in respect of a proposed restructuring of an Indonesian-listed retailer within the framework of a PKPU process in Indonesia. Our work involved advising on strategies in respect of the PKPU process, reviewing the company’s business to understand its operations and financial position, establishing the likely refinancing and/or restructuring options available, securing support of other creditors for the agreed strategy and leading negotiations with the company and other lenders for a consensually agreed term sheet.

Subsequent to the completion of the restructuring, Borrelli Walsh was appointed as Chief Restructuring Officer to implement the agreed restructuring, assist the Company with performance and corporate governance improvement and report to the senior lenders.

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