Saudi Arabia has approached banks for proposals to refinance its US$10bn syndicated loan that was raised in 2016 and to help the sovereign raise funds through other means, the country’s debt management office said last week.
Troubled South African furniture retailer Steinhoff said at a creditor meeting in London on Friday that it has largely contained its operational liquidity crisis.
Houlihan Lokey was involved in most major corporate reorganisations in 2017. The firm dominated by driving the kind of outcomes possible only when a team of advisers is focused on unlocking value for its clients. Houlihan Lokey is IFR’s Restructuring Adviser of the Year.