August 2007: $20 million rescue debt package sourced for distressed manufacturer
Within two weeks of being approached by the incumbent lender, who was considering the appointment of administrators to this distressed manufacturing company, Andrian Loader and Chester Moynihan had sourced and structured a $20 million short term rescue package. The package was desiged to also provide the overseas rescue lender an opportunity to consider whether to pursue a purchase of the business.
The rescue package allowed the company time to bring creditors into terms and improve working capital management.