Business Restructuring & Insolvency 2021 Annual Review

Over the course of 2021, a cross-practice team of MoFo attorneys advised a consumer finance company on a series of deleveraging and comprehensive restructuring transactions, including the equitization of existing bond debt through exchange offers for new classes of preferred stock, the consolidation through merger of multiple entities within the corporate group, the entry into new credit facilities, and a reorganization of the company’s equity-based management incentive program. A Consumer Finance Company MORRISON & FOERSTER | BRIG 2021 ANNUAL REVIEW 31 30 MORRISON & FOERSTER | BRIG 2021 ANNUAL REVIEW