Skip to content

    Debt Restructuring

    Debt restructuring is renegotiating the tenure, rate or security on existing borrowing so it fits the business as it is now rather than as it was when the loan was written.

    Service within Debt & Blended Finance

    How we help with Debt Restructuring

    Debt is rarely the problem. Debt shaped for a company that no longer exists is.

    1. Establish the true position

      Every facility, its covenants, its security and its real cost, in one view. Most restructuring conversations start with a company that does not have this.

    2. Model what the business can actually service

      A repayment profile built from the cash the business generates rather than from what the original lender assumed it would.

    3. Approach lenders with a proposal, not a problem

      Lenders respond very differently to a company that arrives with a modelled plan than to one that arrives having missed a payment.

    4. Document and monitor the new terms

      Revised covenants tracked monthly, so the next conversation is a scheduled update rather than another surprise.

    Where we have done this

    Consumer / D2C

    Building Investor Readiness for a D2C Brand

    Designed unit economics, cohort analytics, and a fundraising data room that anchored the next funding round.

    Closed oversubscribed Series A

    Manufacturing

    Operational Turnaround for a Manufacturing Scale-up

    Implemented financial controls, governance, and an FP&A function that restored margins and prepared the business for global expansion.

    240 bps margin expansion

    Climate Tech

    Capital Strategy for a Climate-Tech Founder

    Planned grants, a venture loan and equity, raised in stages, to give the company more months of cash without giving up more shares.

    24 months of runway secured

    FAQ

    Questions founders ask about Debt Restructuring

    When should a company consider restructuring its debt?

    Well before a covenant is breached. The best moment is when the forecast shows a problem two or three quarters out, because that is when a lender still has choices and so do you.

    Will lenders actually renegotiate?

    Frequently, yes. A lender's alternative to renegotiation is usually worse for the lender. What determines the outcome is whether the company arrives with a credible plan or with a missed payment.

    Does restructuring damage our credit standing?

    A negotiated restructuring is treated very differently from a default. The damage comes from the latter, which is the outcome restructuring exists to avoid.

    Is this only for companies in distress?

    No. A good deal of restructuring is a business that has outgrown its facilities, or one whose debt was priced for a riskier company than it is now. Both are refinancing opportunities rather than problems.

    The people behind Debt Restructuring

    Debt Restructuring is run by the studio team: one multidisciplinary team whose pods work in tandem, matched to the sector and the stage the company is in.

    Haripriya V

    Investment Banking pod

    Led by Haripriya V

    Lead - Investment Banking & Business Growth. Manages transactions and strategic capital events.

    See the pod structure
    Studio TeamThe operators, investors and builders who run engagements end to end.Meet them

    What usually runs alongside this