Restructuring Advisory Group Announces $4.8M Chapter 11 Refinance and $1M Loan Discount
Chapter 11 Expert Provides $4.8M to Finance Chapter 11 Reorganization Plan & Announces Market Rate Bank Financing for Businesses & Real Estate Owners in Ch 11
PHILADELPHIA, PA, USA, June 27, 2016 /EINPresswire.com/ -- Restructuring Advisory Group www.restructuringadvisorygroup.com or www.restructuringexperts.com a Chapter 11 Expert, and expert in CMBS Loan Restructuring, Chapter 11 Finance, Debtor in Possession Financing Commercial Loan Modifications and funding Chapter 11 Reorganizations announced today the $4.8M Chapter 11 refinance of a real estate portfolio in Pennsylvania. The Chapter 11 financing is required to fund the final cash-out of restructured debts that are subject to the terms and conditions of a confirmed Chapter 11 reorganization plan written by Restructuring Advisory Group and confirmed by the bankruptcy court. As part of the refinancing, Restructuring Advisory Group negotiated a $1M discount with the Bank.Restructuring Advisory Group’s 25 years of consultation in and financing of real estate and businesses in Chapter 11 has earned the Company a national reputation as turn-around experts and leaders in the field of CMBS loan modification, Chapter 11 finance & the refinancing, discounting and restructuring of debt both in Chapter 11 and through non-Chapter 11 forbearance agreements
In this specific case, Restructuring Advisory Group negotiated $1M in loan discounts and provided the market rate bank financing at a 5.75% interest rate for the Client who had previously filed for protection under Chapter 11
For over 25 years, the Company has negotiated the discount, refinance, modification and restructure of nearly three quarters of a billion dollars in loans with major banks and financial institutions nationwide.
The company has long standing relationships at the decision-making levels of major financial institutions and its’ trademark negotiating strategies are much more efficient, time-saving and cost effective than battling the banks with and through legions of lawyers.
The company offers free initial consultations and is an expert in writing Chapter 11 plans, and turn-around plans and in navigating and demystifying the complex legal and financial issues that confront businesses and real estate investors as they face the challenges of Chapter 11.
RESTRUCTURING ADVISORY GROUP
Ph # 800-357-8247
Website: www.restructuringexperts.com
Website: www.restructuringadvisorygroup.com
Email: RESTRUCTURINGEXPERTS@GMAIL.COM
Office Address
2207 Everett Ave Suite A
Everett WA 98201
C.H. Brown
Restructuring Advisory Group
800-357-8247
email us here
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