EFTA Document EFTA01373000

Restructuring: Waste Management Company Financing Team led restructuring of a portfolio investment's financing terms, achieving an accretive result Situation Overview Operational and financial underperformance, combined with credit agreement breaches The company suffered from lower merchant power prices, lower gas production volumes, higher G&A expenses, higher maintenance expenses, and one time issues such as start-up delays at various facilities There were also credit agreement breac