Octus Radio

Covenants: 90%/100% Consent Can be Bypassed Using Scheme, Part 26A Plan(Nov. 17, 2020)

Nov 17, 2020
Guest
Shan Qureshi
Shan Qureshi discusses the spotlight on consent thresholds for inserting new super senior debt after Serta Simmons, Boardriders, and Trimark. The podcast explores consensual vs non-consensual amendments, borrower's options for contract amendments, differences in consent thresholds, flexibility in implementing amendments and restructuring processes in England, and challenges faced by Swissport in creating a new super senior debt basket.
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Episode notes
1
Introduction
00:00 • 3min
2
Borrower's Options for Contract Amendments
03:14 • 4min
3
Differences in Consent Thresholds and Non-Consensual Restructuring Tools
07:09 • 4min
4
Flexibility in Implementing Amendments and Restructuring Processes in England
10:54 • 5min
5
Swiss port: Precedent for Non-Consensual Amendments and Challenges
16:04 • 7min