Gleacher Partner’s restructuring advisory practice advises debtors, creditors and acquirors of companies experiencing financial distress.  Our bankers have significant experience in advising clients with respect to recapitalizations, out-of-court restructurings, bankruptcy proceedings and distressed M&A transactions.  The Gleacher approach is to provide clients with senior level attention and advice throughout the process, from the beginning of the engagement to its successful completion.  This senior level attention often includes combining the experience and technical skill of our restructuring bankers with the industry knowledge and experience of our corporate bankers.  In addition, as an independent investment banking firm, our clients can be assured that they are receiving unbiased advice, free from conflicts that can arise at larger financial institutions.  

Gleacher professionals have advised on dozens of restructuring transactions including such engagements as WorldCom/MCI (debtor), Owens Corning (debtor), Collins & Aikman (debtor), Budget-Rent-A-Car (debtor), Telewest (debtor), Arthur Andersen (debtor), American Pad & Paper (debtor), Magellan Health (debtor), Delta Airlines (creditor) and Federated Department Stores (creditor). 

Restructuring advisory services include, among others:

• Restructuring of debt and other obligations, both out-of-court and in chapter 11
• Raising debt and equity financing, including DIP and exit financing
• Distressed merger & acquisitions
• Expert testimony
• Valuation analysis